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Annual Report 2002 : Operations

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Resource transfers

Compared with the net transfer of resources from ADB to its DMCs of $464.3 million in 2001, there was net inflow of $1.4 billion to ADB from its DMCs in 2002. During the year, net transfers from ADB to ADF borrowers increased from $658.4 million in 2001 to $717.8 million in 2002. However, there was a net inflow of $2.1 billion ($194.1 million in 2001) to ADB from OCR borrowers/investees in 2002, mainly resulting from higher prepayments of $2.0 billion ($52.5 million in 2001) of OCR pool-based loans. For details, see tables 29 and 30 in the Statistical Annex.

Loan disbursements in 2002 totaled $4.2 billion, comprising 100% of the target for the year. Of the total, OCR disbursements were $3.1 billion or 73% and ADF disbursements were $1.1 billion or 27%. For details, see tables 8 and 15 in the Statistical Annex.

Loan service payments reached $5.6 billion in 2002, compared with $3.4 billion in 2001. The increase was mainly because of higher prepayments ($2.0 billion in 2002, $52.5 million in 2001). In 2002, the four largest net resource transfers from ADB were to Viet Nam, Sri Lanka, Indonesia, and Afghanistan (by magnitude) (see tables 29 and 30 in the Statistical Annex).

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