|
in TUSD
|
31 Dec 2023
|
31 Dec 2022
|
|---|---|---|
| Debt securities | 2,428,086 | 1,700,159 |
| Deposits | 584,095 | 314,395 |
| Equity investment funds | 106,113 | 86,970 |
| Loans to third parties | 0 | 736,743 |
| Loans to member associations and confederations | 16,871 | 17,477 |
| Current financial assets | 3,135,165 | 2,855,744 |
| Debt securities | 1,109,591 | 1,079,325 |
| Loans to member associations and confederations | 95,350 | 100,571 |
| Loans to related parties | 785 | 784 |
| Non-current financial assets | 1,205,726 | 1,180,680 |
| Total financial assets | 4,340,891 | 4,036,424 |
FIFA’s financial assets are invested in short-term and long-term bonds, equity investment funds, loans and deposits. Under stage 3 of the COVID-19 Relief Plan, loans are granted to member associations and confederations. Member associations are able to apply for interest-free loans of up to 35% of their audited annual revenues, with a minimum loan of USD 0.5 million and a maximum loan of USD 5 million being available. These loans are initially recognised at fair value, i.e. the current value of the expected future cash flows discounted at a market-related interest rate. As at 31 December 2023, FIFA had an outstanding loan of USD 0.8 million (2022: USD 0.8 million) due from a key member of management.