| BUILDING PROSPECTS FUND 2025

For the year ended December 31, 2025 Read more about Statement of financial position .

For the year ended December 31, 2025 Read more about Statement of comprehensive income .

For the year ended December 31, 2025 Read more about Statement of changes in fund capital .

For the year ended December 31, 2025 Read more about Statement of cash flows .

Building Prospects (The Fund or BP) was established by the Dutch Ministry of Foreign Affairs in 2002 to support private investments in infrastructures in developing countries. FMO executes the Fund at the risk and expense of the Dutch State. Read more about Summary of material accounting policies .

The amount relates to balance of the bank account maintained by FMO on behalf of the Fund. Read more about Notes to the financial statements .

For FMO, acting in its role as Fund Manager (hereafter ‘FMO’) to be able to carry out the Fund’s strategy, it is essential to have an adequate risk management system in place to identify, measure, monitor and mitigate financial and non- financial Read more about Risk management .