New Israel Fund Signing Anew
COMBINED FINANCIAL STATEMENTS NEW ISRAEL FUND SIGNING ANEW FOR THE YEAR ENDED DECEMBER 31, 2006 WITH SUMMARIZED FINANCIAL INFORMATION FOR 2005 NEW ISRAEL FUND SIGNING ANEW CONTENTS PAGE NO. INDEPENDENT AUDITORS' REPORT 2 EXHIBIT A - Combined Statement of Financial Position, as of December 31, 2006, with Summarized Financial Information for 2005 3 - 4 EXHIBIT B - Combined Schedule of Activities and Change in Net Assets for the Year Ended December 31, 2006, with Summarized Financial Information for 2005 5 EXHIBIT C - Combined Statement of Cash Flows, for the Year Ended December 31, 2006, with Summarized Financial Information for 2005 6 NOTES TO COMBINED FINANCIAL STATEMENTS 7 - 14 INDEPENDENT AUDITORS' REPORT ON SUPPLEMENTAL FINANCIAL INFORMATION 15 SCHEDULE 1 - Combining Schedule of Financial Position, for the Year Ended December 31, 2006 16 - 17 SCHEDULE 2 - Combining Schedule of Activities, for the Year Ended December 31, 2006 18 SCHEDULE 3 - Combining Schedule of Change in Net Assets, for the Year Ended December 31, 2006 19 SCHEDULE 4 - Schedule of Grants, for the Year Ended December 31, 2006 20 - 27 SCHEDULE 5 - Schedule of Projects, for the Year Ended December 31, 2006 28 SCHEDULE 6 - Schedule of Functional Expenses, for the Year Ended December 31, 2006 29 - 30 1 GELMAN, ROSENBERG & FREEDMAN CERTIFIED PUBLIC ACCOUNTANTS INDEPENDENT AUDITORS' REPORT To the Board of Directors New Israel Fund Signing Anew Washington, D.C. We have audited the accompanying combined statement of financial position of New Israel Fund and Signing Anew as of December 31, 2006, and the related combined statements of activities and change in net assets and cash flows for the year then ended.
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