home ICANN ICANN Publishes Its Financials For The Six Months Ending December 2013

ICANN Publishes Its Financials For The Six Months Ending December 2013

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ICANN published its financials last night for six months ending in December 2013.

Here are some of the highlights.  You can see the entire results here
Here they are:
For the Six Months Ending December 2013

The ICANN change in net assets is $3.3M, or 13.6%, higher than budget during the first six months of FY14 mainly as a result of (i) delays in planned operations ($2.8M, see Operating Expenses below), (ii) timing differences of ccTLD contributions ($1.3M), (iii) Reserve Fund and New gTLD investment income of ($3.7M) and ($1.4M), respectively, offset by (iv) delayed evaluation processing in the New gTLD program resulting in lower revenues recognized for the period (-$8.0M).

The Funds under Management by ICANN decreased by $28.2M during the first six months to a total of $331.6M, mainly as a result of the payment of New gTLD evaluation expenses ($16.9M) and general operating expenses for ICANN Ops ($11.3M). Read the rest here

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