Analysis for ISBI-Annual-Report-2023.md
Per-document runtime (s): 370.811
Summary
The Illinois State Board of Investment (ISBI) has released its annual report for 2023. The report includes a management’s discussion and analysis section that provides an overview of ISBI’s financial activities for the fiscal years ended June 30, 2023, and 2022. As of June 30, 2023, ISBI’s net asset position totaled approximately $24.3 billion, compared to $23.2 billion as of June 30, 2022. The increase is primarily due to investment valuation increases related to market fluctuations.
The report also includes a ten-year summary that highlights the source of net assets of the member systems and trust fund since inception at June 30, 2023. Additionally, the report provides information on ISBI’s asset allocation and portfolio performance, as well as financial highlights for the fiscal year ended June 30, 2023.
The auditor’s report states that they have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America. However, they do not express an opinion or any form of assurance on the other information included in the annual report.
Key metrics and targets mentioned in the report include:
- Net asset position: $24.3 billion as of June 30, 2023
- Increase in net asset position from previous year: primarily due to investment valuation increases related to market fluctuations
Actions taken by ISBI include:
- Compliance with the Illinois Pension Code requirement for an annual audit of the financial statements by independent accountants selected by the State Auditor General.
meta:
Estimated sentence count: 463
Key terms: Illinois State Board of Investment, ISBI, annual report, management's discussion and analysis, net asset position, investment valuation increases, market fluctuations, auditor's report, Governmental Accounting Standards, financial statements
Presence by Category (final)
| Category | Present |
|---|---|
sustainable_development |
— |
responsible_investment_esg |
— |
green_growth |
— |
net_zero |
— |
decarbonization |
— |
transition_finance |
— |
conservation_finance |
— |
Stance & Sentence share (final)
| Category | Sentence share | Stance |
|---|---|---|
Reviewer 1 (Presence) — outcomes
Consistency score: 100
Confidence: high
Adjustment log
- No changes to presence or evidence required based on provided context. All categories and evidence quotes are not present in the given data.
Reviewer 2 (Stance & Prevalence) — outcomes
Consistency score: 95
Confidence: high
Adjustment log
- Added ‘green_growth’ and ‘decarbonization’ categories with sentence_shares of 1 each based on the context mentioning ISBI’s long-term return objectives and prudent risk exposure.