Post on 11-Aug-2020
March 2016 Financial Results
Unaudited financial results for the nine months ending
31 March 2016
Contents
Executive Summary ……………………………..……..……..……..…. 3
Budget by Quarter ……………………………..……..……..………….. 5
Actuals by Quarter ……………………..….…..……..……..…….……. 6
Statement of Activities (Actual vs. Budget) …………..………………… 7
Statement of Position…………………………………………………… 8
Funds Under Management…………………………………………….. 9
Cash Flows Synopsis …………………………………………………. 10
Reserve Fund…………………………………………………………… 11
New gTLD Financial Summary………………………………………… 12
New gTLD Historical Development Costs …………………………… 13
New gTLD Historical Auction Proceeds …………………………….. 14
Note - All financial information is unaudited.
ICANN
Executive Summary of Unaudited Financial Results
For the Nine Months Ending March 31, 2016
Overview - ICANN Operations and New gTLD Program
The total ICANN change in net assets is $50.7M higher than budget for the first nine months of FY16 mainly as a result of
(i) unbudgeted Auction Proceeds ($43.7M); (ii) higher than budgeted revenues for ICANN Operations ($10.4),
(iii)underspend in planned operations for ICANN Ops ($3.4M) and the New gTLD Program ($6.4M) (see below); and (iv)
total ICANN investment gains of ($0.1M); partially offset by (v) lower revenue recognized for the New gTLD Program (-
$10.4M) as a result of the extension of the evaluation period for the New gTLD program as well as favorable contract
negotiations and internalization of contracting process for the program resulting in lower expenses and revenues
recognized for the period and (vi) unbudgeted risk and historical development costs for the New gTLD Program (-$2.9M).
The Funds Under Management by ICANN increased by $19.8M during the first nine months of FY16 to a total of $345.8M,
mainly as a result of (i) net funds collected from contributors/ parties of ($85.4M), (ii) auction proceeds collected ($42.3M)
and (iii) Reserve Fund gains of ($0.1M) partially offset by (iv) general operating expenses for ICANN Ops (-$92.0M); and (v)
the payment of refunds and evaluation expenses and general operating expenses for the New gTLD Program (-$16.0M).
Financial Position
The Funds Under Management decreased by $19.8M during the period as a result of the following:
- A decrease of the ICANN Operations funds by $11.5M due to:
(i) payments to vendors/ employees of $101.9M, $9.9M of which were on behalf of the New gTLD Program, and
(ii) the depreciation of investments for $0.7M, partially offset by
(iii) funds collected from contributors/ parties of $85.4M and
(iv) the reimbursement to ICANN Ops from the New gTLD Program for direct/allocated costs for $4.7M and Historical
Development Costs for $1.0M.
- An increase of the New gTLD funds by $31.4M due to:
(i) Auction proceeds received of $42.3M
(ii) the appreciation of investments for $0.9M, partially offset by
(iii) the reimbursement to ICANN Ops from the New gTLD Program for direct/allocated costs for $4.7M and Historical
Development Costs for $1.0M.
(iv) payments to vendors of $5.4M,
(v) the net refunds to New gTLD applicants of $0.7
The decrease of the deferred revenues balance of $27.1M corresponds to:
(i) the amount of revenues recognized for the New gTLD program $25.0M and
(ii) the net refunds to New gTLD applicants $2.3M
Support and Revenue
Revenues for ICANN Ops were $10.4M favorable to budget primarily due to: (i) higher Registry fees $5.0M resulting from
higher registry fixed fees $1.7M and higher registry transaction-based fees $3.4M; (ii) higher Registrar fees by $7.0M due
to the one-time register application fees resulting from the application of new registrars and higher accreditation fees by
$2.6M and higher registrar transaction fees by $4.3M; partially offset by (iii) lower RIR fixed fee -$0.6M; (iv) lower meeting
sponsorships -$0.5M; (v) lower ccTLD contributions by -$0.5M.
Revenues for New gTLD program were $33.3M favorable to budget primarily due to net auction proceeds of $43.7 partially
offset by lower revenues recognized of $10.4M as a result of the extension of the evaluation period for the New gTLD
program.
3
Operating Expenses
Personnel costs for ICANN Ops were favorable to budget $4.0M primarily due to lower fringe benefits rates than planned.
Personnel costs for the New gTLD Program were $1.0M favorable to budget due to fewer hires than planned and lower
fringe benefits rates than planned.
ICANN Ops Travel and Meetings costs were favorable to budget $1.6M primarily due to lower per trip rates than budgeted
and planned travel not taken by stakeholders and staff. The New gTLD Program Travel and Meetings costs were favorable
to budget $0.2M due to the timing of staff travel.
Professional Services costs for ICANN Ops were $3.3M unfavorable to budget primarily due to the timing of planned
activities across the organization partially offset by independent legal costs for the USG Transition project. Professional
Services costs for the New gTLD Program were $4.6M favorable to budget due to the extension of the evaluation period for
the New gTLD program as well as favorable contract negotiations and internalization of contracting process for the
program.
Administrative costs for ICANN Ops were $0.9M unfavorable to budget primarily due to higher than planned expenses for
build up of critical IT infrastructure. Administrative costs for the New gTLD Program were $0.5M favorable to budget
primarily due the timing of budgeted expenses.
Bad debt expenses were $0.5M favorable to budget. On the basis of the historical trend of uncollectible receivables, the
level of bad debt on reserve at the end of Q1 was sufficient and therefore no additional bad debt expenses were reserved
during the period.
Depreciation costs were $0.7M unfavorable to budget primarily due to underestimated depreciation in the FY16 budget.
Other Income /Expense
Due to market fluctuations, the ICANN Ops investment accounts had unrealized losses of $1.4M and realized gains of
$0.7M and the New gTLD investment accounts had realized losses of $0.2M for the period. The New g TLD program also
had $1.1M of dividends and interest on the investment accounts.
4
Statement of Activity
FY16 Budget by Quarter
US Dollars, in millions
Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total Year
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
Total Support and
Revenue $25.6 $12.1 $37.8 $26.9 $23.7 $50.7 $30.3 $35.4 $65.7 $30.5 $49.5 $80.0 $113.4 $120.8 $234.2
Expenses
Personnel 14.6 1.8 16.3 15.0 3.5 18.6 15.6 5.3 20.9 15.6 7.1 22.7 60.8 17.7 78.5
Travel & Meetings* 2.4 0.4 2.7 4.9 0.7 5.7 5.6 1.1 6.7 5.2 1.5 6.7 18.1 3.8 21.9
Professional Services 5.9 4.3 10.2 7.6 8.4 16.0 6.6 12.4 19.1 5.6 17.8 23.4 25.8 42.9 68.7
Administration 3.4 0.6 3.9 3.6 1.1 4.7 3.6 1.7 5.3 3.3 2.3 5.6 13.9 5.7 19.6
Bad Debt Expenses 0.2 0.0 0.2 0.2 0.0 0.2 0.2 0.0 0.2 0.2 0.0 0.2 0.7 0.0 0.7
Depreciation Expenses 1.5 0.0 1.5 1.5 0.0 1.5 1.5 0.0 1.5 1.5 0.0 1.5 6.1 0.0 6.1
Total Expenses 27.9 7.0 34.9 32.9 13.8 46.7 33.2 20.5 53.8 31.4 28.7 60.1 125.4 70.0 195.5
Contingency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest - General 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
FX Translation (Gain) / Loss 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Investment (Income)/ Loss 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total Other
(Income)/Expense 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Change in Net Assets
Before Historical Costs
and Reserves (2.2) 5.1 2.8 (5.9) 10.0 4.0 (2.9) 14.8 11.9 (1.0) 20.9 19.9 (12.0) 50.8 38.7
Hist. Development Costs/
(Reimbursement) (1.3) 0.0 (1.3) (1.4) 0.0 (1.4) (1.4) 0.0 (1.4) (1.6) 0.0 (1.6) (5.7) 0.0 (5.7)
Risk Costs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Change In Net Assets ($0.9) $5.1 $4.1 ($4.6) $10.0 $5.4 ($1.4) $14.8 $13.4 $0.6 $20.9 $21.5 ($6.3) $50.8 $44.4
*Includes Community Support Requests
5
Statement of Activities
FY16 Actuals by Quarter
For the Nine Months Ending March 31, 2016
US Dollars, in millions
Quarter 1 Quarter 2 Quarter 3 Year to Date
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
Total Support and
Revenue $29.3 $8.4 $37.7 $27.1 $7.4 $34.4 $37.0 $52.9 $89.9 $93.3 $68.7 $161.9
Expenses
Personnel 13.0 1.6 14.5 14.2 1.5 15.6 14.1 1.3 15.4 41.3 4.3 45.6
Travel & Meetings * 1.8 0.2 2.0 4.3 0.3 4.7 5.2 0.4 5.7 11.4 0.9 12.3
Professional Services 5.0 3.8 8.8 7.9 (0.5) 7.4 8.6 4.5 13.1 21.5 7.8 29.2
Administration 3.4 0.3 3.7 4.1 0.5 4.6 4.0 0.4 4.4 11.6 1.2 12.7
Bad Debt Expenses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Depreciation Expenses 1.6 0.0 1.6 1.7 0.0 1.7 2.0 0.0 2.0 5.3 0.0 5.3
Total Expenses 24.8 5.9 30.7 32.3 1.7 34.0 34.0 6.6 40.5 91.0 14.2 105.2
Contingency ** 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Interest - General 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
FX Translation (Gain) / Loss 0.1 0.0 0.1 0.0 0.0 0.1 (0.1) 0.0 (0.1) 0.1 0.0 0.1
Investment (Income)/ Loss 2.6 (0.1) 2.6 (0.8) (0.1) (0.9) (1.1) (0.7) (1.8) 0.7 (0.9) (0.1)
Other (Income)/Expense (0.0) 0.0 (0.0) 0.0 0.0 0.0 (0.3) 0.0 (0.3) (0.4) 0.0 (0.4)
Total Other
(Income)/Expense 2.7 (0.1) 2.6 (0.7) (0.1) (0.8) (1.5) (0.7) (2.2) 0.4 (0.9) (0.4)
Change in Net Assets
Before Historical Costs
and Reserves 1.8 2.6 4.4 (4.5) 5.7 1.2 4.6 47.0 51.6 1.8 55.3 57.1
Hist. Development Costs/
(Reimbursement) (0.9) 0.9 0.0 (0.5) 0.5 0.0 (1.2) 1.2 0.0 (2.6) 2.6 0.0
Risk Costs 0.0 1.4 1.4 0.0 0.9 0.9 0.0 0.3 0.3 0.0 2.5 2.5
Change In Net Assets $2.6 $0.4 $3.0 ($4.0) $4.3 $0.4 $5.8 $45.5 $51.3 $4.4 $50.2 $54.6
*Includes Community Support Requests
**FY16 Contingency spend is allocated to core operations (Personnel, T&M, Prof. Svcs. and Admin.)
Unaudited
6
ICANN
Statement of Activity - Total ICANN
Actual vs. Budget
For the Nine Months Ending March 31, 2016
US Dollars, in millions
FY16 Actual FY16 Adopted Budget Variance vs Budget
UnauditedICANN
Ops
New
gTLD
Total
ICANN
ICANN
Ops
New
gTLD
Total
ICANNICANN Ops New gTLD Total ICANN
Total Support and Revenue $93.3 $68.7 $161.9 $82.9 $35.4 $118.3 $10.4 12.5% $33.3 94.1% $43.7 36.9%
Expenses
Personnel 41.3 4.3 45.6 45.2 5.3 50.6 4.0 8.8% 1.0 18.7% 5.0 9.8%
Travel & Meetings 11.4 0.9 12.3 13.0 1.1 14.1 1.6 12.3% 0.2 17.0% 1.8 12.7%
Professional Services 21.5 7.8 29.2 18.2 12.4 30.6 -3.3 (18.1%) 4.6 37.4% 1.3 4.4%
Administration 11.6 1.2 12.7 10.7 1.7 12.4 -0.9 (7.9%) 0.5 32.1% -0.3 (2.5%)
Bad Debt Expenses 0.0 0.0 0.0 0.5 0.0 0.5 0.5 100.0% 0.0 0.0% 0.5 100.0%
Depreciation Expenses 5.3 0.0 5.3 4.6 0.0 4.6 -0.7 (15.8%) 0.0 0.0% -0.7 (15.8%)
Total Expenses $91.0 $14.2 $105.2 $92.3 $20.5 $112.8 1.2 1.3% 6.4 31.0% 7.6 6.7%
Contingency 0.0 0.0 0.0 1.9 0.0 1.9 1.9 100.0% 0.0 0.0% 1.9 100.0%
Interest - General 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0% 0.0 0.0% 0.0 0.0%
FX Translation (Gain) / Loss 0.1 0.0 0.1 0.0 0.0 0.0 -0.1 0.0% 0.0 0.0% -0.1 0.0%
Investment (Income)/ Loss 0.7 -0.9 -0.1 0.0 0.0 0.0 -0.7 0.0% 0.9 0.0% 0.1 0.0%
Other (Income)/Expense -0.4 0.0 -0.4 0.0 0.0 0.0 0.4 0.0% 0.0 0.0% 0.4 0.0%
Total Other (Income)/Expense $0.4 -$0.9 -$0.4 $1.9 $0.0 $1.9 1.5 78.0% 0.9 0.0% 2.4 122.0%
Change in Net Assets Before
Historical Costs and Reserves1.8 55.3 57.1 -11.3 14.8 3.6 13.1 (116.0%) 40.5 273.1% 53.6 1508.3%
Hist. Development Costs/
(Reimbursement)-2.6 2.6 0.0 -4.1 3.8 -0.4 -1.5 36.4% 1.1 29.9% -0.4 100.0%
Risk Costs 0.0 2.5 2.5 0.0 0.00.0
0.0 0.0% -2.50.0%
-2.5 0.0%
Change In Net Assets $4.4 $50.2 $54.6 -$7.1 $11.1 $3.9 $11.6 (162.3%) $39.1 353.3% $50.7 1287.1%
Average Headcount 346.0 11.0 357.0 348.3 19.0 367.3 2.3 0.7% 8.0 42.1% 10.3 2.8%
7
ICANN
Statement of Position
As of March 31, 2016
US Dollars, in millions
03/31/16 06/30/15 Increase/ (Decrease) Notes
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
ICANN
Ops NgTLD Total
ASSETS
Cash & Cash Equivalents $15.8 $10.8 $26.7 $19.4 $70.3 $89.7 ($3.6) ($59.5) ($63.1) (1)
Investments 77.6 241.6 319.2 85.6 150.7 236.3 (8.0) 90.9 82.9 (2)
Funds Under Management 93.4 252.4 345.8 105.0 221.1 326.0 (11.5) 31.4 19.8
Receivables 36.4 0.4 36.7 28.4 0.5 28.9 7.9 (0.1) 7.8
Prepaid Expenses 2.5 0.0 2.5 2.0 0.0 2.0 0.4 0.0 0.4
Plant, Property & Equip - Net 16.3 0.0 16.3 18.2 0.0 18.2 (1.9) 0.0 (1.9)
Other Assets 9.6 (8.8) 0.8 3.2 (3.2) (0.0) 6.4 (5.6) 0.8
TOTAL ASSETS 158.1 244.0 402.2 156.9 218.3 375.2 1.3 25.7 26.9
LIABILITIES AND NET ASSETS
Payables 14.6 4.6 19.3 17.9 2.0 20.0 (3.3) 2.6 (0.7) (3)
Deferred Income 0.7 46.9 47.7 0.7 74.0 74.8 0.0 (27.1) (27.1) (4)
Other Liabilities 1.5 0.0 1.5 1.4 0.0 1.4 0.1 0.0 0.1
TOTAL LIABILITIES 16.9 51.6 68.4 20.0 76.1 96.1 (3.2) (24.5) (192.2)
UNRESTRICTED/RESTRICTED
ASSETS 136.8 142.3 279.1 136.8 142.3 279.1 0.0 0.0 0.0
CURRENT YEAR CHANGE IN
NET ASSETS 4.4 50.2 54.6 0.0 0.0 0.0 4.4 50.2 54.6
TOTAL NET ASSETS 141.3 192.5 333.8 136.8 142.3 279.1 4.4 50.2 54.6
TOTAL LIABILITIES & NET
ASSETS $158.1 $244.0 $402.2 $156.9 $218.3 $375.2 $1.3 $25.7 $26.9
Notes (1) and (2): See "Funds Under Management"
Note (3):
Note (4):
The reduction of payables is driven by the timing of expenses and related payments.
The reduction of deferred income is resulting mainly from the revenues recognized during the quarter on the new gTLD program,
reflecting from the progress of the evaluation process, and from the refunds of application fees.
Unaudited
8
ICANN
Funds Under Management
As of March 31, 2016
US Dollars, in millions
New gTLD Auction Proceeds increased (+$42.3M) in the first nine months of the fiscal year due to the receipt of
funds for the two auctions held during the fiscal year.
The ICANN Operations Operating Fund decreased $3.6M as a result of 1) payments to employees/ vendors of (-
$101.9M), $9.9M of which was on behalf of the New gTLD Program, partially offset by 2) the net impact of cash
received from contracted parties of (+$85.4M), 3) the transfer from the Reserve Fund for the reimbursement of USG
Transition Project expenses of (-$7.3M), and 4) the cash received from the New gTLD Program for repayment of
Historical Development costs and accumulated direct allocated costs incurred on behalf of the program (+$5.7M).
New gTLD funds decreased $11.0M mainly as a result of: 1) net refunds to applicants and disbursements to vendors
of (-$6.1M), and 2) the repayment to ICANN Ops for Historical Development costs and accumulated direct allocated
costs incurred on behalf of the program (-$5.7M), partially offset by the appreciation in the market value of
investments (+$0.9M).
There were net transfers of $90.9M from the New gTLD cash accounts to the New gTLD investment accounts during
the first nine months of the fiscal year.
The ICANN Operations Reserve Fund decreased $8.0M as a result of the transfer to the Operating account
for the reimbursement of USG Transition Project expenses of (-$7.3M) and the depreciation in the market
value of investments of (-$0.7M).
326 314
303
346
86 83
76
78
162 153 152
151
19 18 16
16
59 59 59
101 50
100
150
200
250
300
350
400
30-Jun-15 31-Mar-16
Auction Proceeds New gTLD Funds Operating Fund Reserve Fund
30-Sep-15 31-Dec-15
9
ICANN
Cash Flows Synopsis
For the Nine Months Ending March 31, 2016
US Dollars, in millions
Unaudited ICANN Ops NgTLD Total
Funds Under Management at Beginning of Period $105.0 $221.1 $326.0
Collected/ (refunded) from contributors/parties 85.4 (0.7) 84.7
Auction Proceeds 0.0 42.3 42.3
Paid to vendors (49.5) (11.0) (60.4)
Paid to employees (39.1) (4.3) (43.5)
Paid to vendors and employees on behalf of New gTLD (9.9) 9.9 0.0
Reimbursement of payments to vendors and employees above,
from New gTLD to ICANN Ops:
Payments to vendors 0.0 0.0 0.0
NgTLD team costs (Paid to employees) 4.7 (4.7) 0.0
Overhead Allocations (Paid to vendors and employees) 0.0 0.0 0.0
Historical Development Costs 1.0 (1.0) 0.0
Capital expenditures (3.4) 0.0 (3.4)
Historical Development Costs and Other net cash flows 0.0 0.0 0.0
Change in investment market value (excludes transfers to/ from
operating account) (0.7) 0.9 0.1
Funds Under Management at End of Period $93.4 $252.4 $345.8
10
ICANN
Reserve Fund
As of March 31, 2016
US Dollars, in millions
Reserve Fund Activity
(unaudited)
Contributions
Nov-07 25.0
Aug-08 8.0
Sep-09 11.0
Oct-13 19.1
Feb-14 1.9
Jul-14 1.3
Total Contributions 66.3
Withdrawals
May-15 (1.5)
Dec-15 (7.3)
Total Withdrawals (8.7)
Balance at Beginning of Fiscal Year (01-Jul-2015) 85.6
Prior Fiscal Quarter Balance (31-Dec-2015) 76.4
Balance at End of Fiscal Period (31-Mar-2016) 77.6
Notes:
Historical default = 12 months of operating expenses.
11
ICANN
New gTLD Financial Summary
As of March 31, 2016
US Dollars, in millions
Program to date
Actual
(Mar 2016)
Current
Estimate
(Feb 2016)
Prior
Estimate
(Feb 2015)
Actual vs Current
Estimate
(Over)/Under
Actual vs Prior
Estimate
(Over)/UnderFees
Application Fees (361.0) (1) (361.0) (361.0) 0.0 0.0
Other Fees (1.6) (2) (1.1) (0.5) (0.5) (1.1)
Total Fees (362.7) (362.2) (361.5) (0.5) (1.1)
Total Refunds 41.4 52.7 55.9 11.3 14.5
Funds Net of Refunds (319.6) (309.5) (305.6)
Expenses
Evaluation Processing Costs 100.1 135.8 123.9 35.6 23.8
Overhead 45.5 60.4 57.9 15.0 12.4
NgTLD Team 11.1 15.4 15.4 4.3 4.3
ICANN Staff Allocation 29.8 39.1 35.4 9.3 5.6
Other Overhead 4.6 5.9 7.1 1.3 2.6
Total Operating Expenses 145.6 196.2 181.8 50.6 36.2
Historical Development Costs 28.6 32.5 32.5 3.9 3.9
Total Expenses 174.2 228.7 214.2 54.4 40.0
Net Remaining Funds (145.3) (80.8) (91.4) (64.6) (54.0)
Remaining Funds (145.3) (80.8) (91.4) (64.6) (54.0)
Actual Risk Costs 10.9 (3) 8.8 3.8 2.1 (7.1)
Net Remaining Funds (134.5) (72.0) (87.6) (62.5) (61.0)
(1)Includes overpayments.
(2)Proceeds from Prioritization Draw and Fees for Change Request.
(3)Currently includes actual risk costs incurred. Future costs cannot be estimate. Further review of risk costs identification in progress.
Program Balance
Unaudited
Full Program
12
ICANN
New gTLD Historical Development Costs
As of March 31, 2016
US Dollars, in millions
Accrued Transferred/Paid
FY13 Actual $15.4 $0.0
FY14 Actual 4.6 19.4
FY15 Actual 6.0 4.8
FY15 (Actual Program to date) 26.0 24.3
Q1 FY16 Actual 0.9 1.0
Q2 FY16 Actual 0.5 0.0
Q3 FY16 Forecast (1.6) 0.0
Q4 FY16 Forecast 1.4 0.0
FY16 Total 1.3 1.0
FY16 (Program to date) 27.2 25.3
Q1 FY17 Forecast 0.8 0.0
Q2 FY17 Forecast 0.7 0.0
Q3 FY17 Forecast 0.6 0.0
Q4 FY17 Forecast 0.7 0.0
FY17 Total 2.9 0.0
FY17 (Program to date) $30.1 $25.3
Q1 FY18 Forecast 0.4 0.0
Q2 FY18 Forecast 0.5 0.0
Q3 FY18 Forecast 0.6 0.0
Q4 FY18 Forecast 0.8 0.0
FY18 Total 2.3 0.0
FY18 (Program to date) $32.5 $25.3
NOTE:
Forecast referenced above, as of Feb 2016
13
ICANN
New gTLD Auction Proceeds and Fees
As of March 31, 2016
Program To Date
US Dollars, in thousands
Proceeds Costs Net Proceeds
Auction Development Costs
$230,000
$120,000
$1,750
$ - $351,750 ($351,750)
$600,000 $24,500 $575,500
$0 $10,500 ($10,500)
$0 $20,500 ($20,500)
$14,349,776 $637,741 $13,712,035
$12,889,463 $621,329 $12,268,134
$700,000 $182,250 $517,750
$6,447,888 $351,416 $6,096,472
$0 $30,750 ($30,750)
$25,001,000 $741,770 $24,259,230
$1,901,000 $96,790 $1,804,210
$0 $10,000 ($10,000)
$0 $10,500 ($10,500)
$10,000
$1,000
$0 $11,000 ($11,000)
$10,000
$500
$0 $10,500 ($10,500)
$2,200,000 $88,000
$500
$2,200,000 $88,500 $2,111,500
$41,501,000 $1,030,020
$750
$41,501,000 $1,030,770 $40,470,230
Current Total $105,590,127 $4,232,315 $101,357,812
Breakdown of proceeds and costs for auctions held prior to 01 July 2015 can be found at:
https://newgtlds.icann.org/en/applicants/auctions/proceeds
Escrow Fees
Subtotal: 27 January 2016 Auction
Completed Auctions
Escrow Fees
Subtotal: 18 November 2015 Auction
27 January 2016 Auction
Completed Auctions
14 October 2015 Auction
Scheduled and Cancelled
Escrow Fees
Subtotal: 14 October 2015 Auction
18 November 2015 Auction
29 July 2015 Auction
Scheduled and Cancelled
Escrow Fees
Subtotal: 29 July 2015 Auction
29 April 2015 Auction
20 May 2015 Auction
17 December 2014 Auction
19 November 2014 Auction
17 September 2014 Auction
22 October 2014 Auction
4 June 2014 Auction
9 July 2014 Auction
6 August 2014 Auction
Description
Direct Contention
Indirect Contention
Wilmington Trust Annual Fee
Subtotal: Auction Development Costs
21 January 2015 Auction
25 February 2015 Auction
25 March 2015 Auction
14