GPRA Annual Performance Plan and Report

Table B-3
General Goals Performance Indicators 2003 2004 2005 2006
Measure
Target Actual Target Actual Target Target
PRIMARY OUTCOME GOALS
Human capacity Job Creation: Number of F 28 18.6 28 48 28 28
building jobs per $1,000,000 | 2 19 28 95 28 28
invested.
Job Complexity: Managerial F 50% 33% 50% 58% 50% 50%
or Professional jobs as | 50% 50% 29% 50% 50%
‘Average proportion of total
jobs created per project
Training: Average per project F 50% i 50% 76% 50% 50%
percentage of staff that will | 50% 50%. 58% 50% 50%.
receive formal training
Private sector Local Project Ownership: F 30% 15.5% 30% 23% 30% 30%
development Average percentage of local | 30% 30% 16% 30% 30%
private ownership of project
Host country small and F 15% i 15% 26.1% 15% 15%
medium enterprises (SME) | 15% 15% 14.5% 15% 15%
development: % of Projects
with over 15% SME local
Ownership
Leveraging of foreign Mobilization of the maximum F >40% — i >40% 45% >40% >40%
direct investment into amount of capital into ahost |  >40% 240% na >40% >40%
the developing world country per dollar of OPIC
support. (Increased levels of
‘Small Business support may
impact this goal.): The ratio
of non-OPIC contribution to
{otal project cost.
SECONDARY GOALS
Social effects Promote equal opportunity F 15/30 i 15/30 25/41 15 15
policies, encourage | 15/30 15/30 27/41 15 15
corporate social
responsibilty initiatives, and
preserve the environment
Development Contribute to the FON i 9s 1.88.0 9 9
Infrastructure improvement of the physical, | 9/15 95 1713.08 9 9
Improvements financial, and social
infrastructure of the
developing world
Macroeconomic and Matrix Score: Promote FOB i ons 5it2 9 9
Institutional Effects investments in less 1 9S 95 428 9 9

developed countries and
generate host country
government revenues

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General Goals

Performance Indicators
Measure

2003

Target Actual Target

2004

Actual

2005 2006

Target Target

Technology &
Knowledge Transfer

Mitigate risk through
sound portfolio
management
practices, and by
encouraging good
corporate citizenship.

Additionality

Small U.S, Business:
Ensure that OPIC
support is provided to
small U.S,
businesses.

Operate in a self
sustaining,
businesslike manner.

Matrix Score: Encourage
the transfer of technology
and know-how to the
developing world.

Maximum variance of actual
from projected risk.

Number of on-going OPIC
projects monitored for
compliance with OPIC's U.S.
effects, environmental, and
worker rights standards.

All active projects will be
self-monitored each year,
and all sensitive projects will
be site monitored by 3rd
year of operation. Due
diligence will occur before
project approval for
environmentally sensitive
projects.

Number of monitored on-
going projects that meet
OPIC's USS. effects,
environmental, and worker
rights standards.

Evaluate new projects to
ensure that they would not
have gone forward but for
OPIC's participation,
Develop methodology in FY
2003; Establish baseline in
FY 2004; Improve baseline
score by 10% in FY 2005.

Number of small business
projects resulting from the
SBC.

Complete 60 SBC Finance
Deals and 60 SBC insurance
contracts in FY 2005. Total:
420 SBC deals.

Efficiency: Reduce SBC
small business cycle time

Operating revenue is equal
to or greater than operating
expenses.

Number of executed loan
agreements and insurance
contracts that occur as a
result of Moscow Office.

F

g 9
I 9 9

F <5% iv <5%

1 <5% <5%

Yes

245
Projects

100% 100%

na. na Method
and
baseline
estd

na. na.

F 105 77 days 95

Yes

5
3

Yes

275
Projects

100%

99.2%

£8

Yes

vi

9
9

oo

<5% ii <5%
<5% ii <5%

100% 100%

100% 100%

60
60

75 days"

Yes Yes

10 loans or
insurance
contracts

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' Indicator was implemented beginning with projects implemented after July 1, 2003. Not enough
data exists to produce statistically significant data for FY 2003 results.

26.1% of finance projects have over 15% SME local ownership. 4.3% of finance projects have
1%-15% SME local ownership; 14.5% of insurance projects have over 15% SME local ownership.
3.6% of Insurance projects have 1%-15% SME local ownership.

“ The denominator on this measure was changed in the revised development matrix supporting the
PART and GPRA measures.

* In late FY 2003 OPIC began planning and implementation of a new loan origination system, which
will enable robust risk measures. Prior data quality does not support the measure as proposed in
the strategic plan. OPIC will revise the measure to make use of the new loan origination system in
the next strategic plan.

’ 7 transactions had both finance and insurance elements. Some projects may involve more than
one transaction. On a project basis, SBC completed 61 projects in total.

“ This target was revised in the most recent PART.

“Due to logistical issues, the Moscow office began operations at the beginning of FY 2004 and as
a result has had insufficient time to report any results.

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