 The IFC prepares consolidated financial statements in accordance with United States GAAP which are audited by KPMG . It reported income before grants to IDA members of $ 2 @.@ 18 billion in fiscal year 2011 , up from $ 1 @.@ 95 billion in fiscal 2010 and $ 299 million in fiscal 2009 . The increase in income before grants is ascribed to higher earnings from the IFC 's investments and also from higher service fees . The IFC reported a partial offset from lower liquid asset trading income , higher administrative costs , and higher advisory service expenses . The IFC made $ 600 million in grants to IDA countries in fiscal 2011 , up from $ 200 million in fiscal 2010 and $ 450 million in fiscal 2009 . The IFC reported a net income of $ 1 @.@ 58 billion in fiscal year 2011 . In previous years , the IFC had reported a net loss of $ 151 million in fiscal 2009 and $ 1 @.@ 75 billion in fiscal 2010 . The IFC 's total capital amounted to $ 20 @.@ 3 billion in 2011 , of which $ 2 @.@ 4 billion was paid @-@ in capital from member countries , $ 16 @.@ 4 billion was retained earnings , and $ 1 @.@ 5 billion was accumulated other comprehensive income . The IFC held $ 68 @.@ 49 billion in total assets in 2011 . 
