Financial Statements of the Overseas Private Investment Corporation for Fiscal Year 1978

ID-79-21A: Published: Apr 13, 1979. Publicly Released: Apr 13, 1979.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

An examination was conducted of the financial statements of the Overseas Private Investment Corporation (OPIC) as of September 30, 1978, including the balance sheet, related statements of income, changes in capital and reserves, and changes in financial position for the year then ended. OPIC insures U.S. investors against the loss of their overseas investments due to expropriation, currency inconvertibility, and war, revolution, or insurrection.

If claim settlements exceed available resources, OPIC would be required to either borrow funds from the U.S. Treasury or request supplementary funds from Congress to pay the claims. Except for the adequacy of amounts available for losses, the financial statements presented fairly the financial position of OPIC. Its financial position for the years then ended conformed with generally accepted accounting principles.

Apr 17, 2018

Apr 5, 2018

Apr 3, 2018

Mar 30, 2018

Mar 9, 2018

Feb 15, 2018

Jan 31, 2018

Nov 16, 2017

Looking for more? Browse all our products here