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Financial statements 2011
Unit of Turkey (CFCU). This project entails deploying
IPA funds and a Turkish National contribution for in-
vestment in the G43 Anatolian Venture Capital Fund
dedicated to make investments in SMEs in South-
eastern Anatolia region of Turkey.”
■
Portugal Venture Capital initiative (PVCi), a fund-of-
funds focused on private equity and venture capital
funds in Portugal. The investor base comprises main
financial institutions in Portugal.
■
LfA-EIF Facility, signed in 2009 is a joint EIF and
LfAFörderbank Bayern venture providing investments
to support technology-oriented early and expansion
stage companies in Bavaria, Germany.
■
UK Future Technologies Fund (UK FTF), signed in
2010, is a fund-of- funds investing in venture capital
funds in technology companies with high growth po-
tential. EIF was confirmed as manager for two sepa-
rate funds-of-funds together making up the UK Innova-
tion Investment Fund (UKIIF).
The table below shows the Trust accounts held by the EIF
on behalf of third parties, which includes cash at bank,
money market balances as well as the relevant accruals:
EUR
31.12.2011
31.12.2010
SMEG 1998
59 953 681
59 550 370
ESU 1998
8 164 814
9 896 169
SMEG 2001
33 138 603
44 748 228
ESU 2001
32 776 626
46 348 734
CIP/ SMEG 2007
107 604 886
80 966 776
CIP/ GIF
97 725 878
73 576 917
TTP
1 687 381
1 809 155
Progress FMA
9 155 432
6 004 173
EPPA
1 468 111
1 003 001
GEEREF Technical Support Facility
2 483 932
3 750 370
GEEREF Trusteeship
1 568 600
1 633 422
EFSE - Trust Account
27
GGF - Trust Account
120
GGF - Technical Assistance - Trust Account
4 737
5 000 045
Trust accounts with the Commission
355 732 681
334 287 507
GAGF
31 400 004
31 332 230
G43 - Trust account
16 201 962
Trust accounts with the EIB
62 049 339
25 174 075
Trust account with the BWMi
2 634 858
517 280
Trust account with the LFA-GV
166 333
113 873
Trust account with member states/regions JEREMIE initiative
827 908 498
928 876 214
1 296 093 675
1 320 301 179