08 Mar '14, 3pm

ICANN Publishes Its Financials 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).

Full article: http://www.thedomains.com/2014/03/08/icann-publishes-its-...

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