Cover -- Contents -- Tables, Figures, and Boxes -- Abbreviations -- Private Sector Operations Department Operational Highlights -- Executive Summary -- Introduction -- Contribution of Private Sector Operations to ADB's Strategic and Development Priorities -- Alignment of Private Sector Operations with Strategy 2020 -- Profile of Private Sector Operations -- Collaboration between the Private Sector Operations Department and Regional Departments -- Nonsovereign Operations-Public -- Contribution to the Economic and Social Development of the Region -- Infrastructure -- Finance -- Private Equity Funds -- Corporate Social Responsibility -- Technical Assistance and Advisory Services -- Development Outputs and Outcomes of Private Sector Operations -- Outputs and Outcomes Achieved by 2012 -- Outputs and Outcomes from Projects Approved during 2007-2011 -- Lessons Learned -- Generic Outputs and Outcomes -- Financial and Economic Performance of Private Sector Operations -- Operational Effectiveness -- Operational Quality and Portfolio Performance -- Partnerships -- Increasing Awareness of Credit Enhancement Products -- Awards and Recognition -- Organizational Effectiveness -- Reorganization -- Business Processes and Processing Time -- Human Resources and Gender Balance -- Conclusions and Actions -- Conclusions -- Actions -- Annexes -- 1. Signed Assistance in 2012 -- 2. Development Indicators and Targets, 2013-2018 -- 3. ADB's Corporate Results Framework, 2013-2016 -- Tables -- 1. Private Sector Approvals by Sector and Financial Instrument, 2012 -- 2. Contribution to Country Strategy and Planning Exercises, 2012 -- 3. Participation in Knowledge Networks, 2012 -- 4. Sector Distribution of ADB's Investment in Private Equity Funds, 2000-2012 -- 5. Industry Distribution of Companies Receiving Investment from ADB-Supported Private Equity Funds.

6. ADB's Safeguard Policy Requirements by Category -- 7. Contribution of Private Sector Operations Department to the Corporate Results Framework Outputs, 2009-2012 -- 8. Financial and Economic Performance of Private Sector Operations -- 9. Quality of Completed Nonsovereign Operations -- 10. Disbursement Ratio for Private Sector Operations, 2010-2012 -- 11. Direct Value-Added Cofinancing, 2010-2012 -- 12. Private Sector Operations Department International Staff by Seniority and Gender, 2012 -- Figures -- 1. Alignment with Strategy 2020 Core Operational Areas -- 2. Approved Assistance by Subsector, 2012 -- 3. Approved Assistance by Financial Instrument, 2012 -- 4. Approved Assistance by Country, 2012 -- 5. Portfolio Distribution by Subsector, Year-End 2012 -- 6. Portfolio Exposure by Financial Instrument, Year-End 2012 -- 7. Portfolio Distribution by Country Grouping, Year-End 2012 -- 8. Trade Finance Program, 2010-2012 -- 9. Private Sector Operations Department's Portfolio by Safeguards Classification, 2002-2012 -- 10. Quality at Entry of Nonsovereign Operations Rated Satisfactory -- 11. Private Sector Operations Exposure by Credit Quality -- 12. Project Processing Time, 2010-2012 -- 13. Private Sector Operations Department International Staff Distribution, 2012 -- Boxes -- 1. Total Resources Invested in Project Finance and Private Equity Funds Supported by the Private Sector Operations Department -- 2. Adding Value, Creating Jobs -- 3. Waste-to-Energy Gathers Pace -- 4. Forging Public-Private Partnerships for Safe Wastewater Disposal -- 5. Boosting Productivity along the Food Value Chain -- 6. Raising Banking Standards -- 7. Building Investor Confidence in the Philippines -- 8. The Case for Private Equity Funds -- 9. Enhancing Opportunities to Mainstream Gender and Social Protection in Private Sector Operations -- 10. Leading in Excellence.

11. Advancing India's Gas Infrastructure -- 12. Deepening the Subsovereign Debt Market -- 13. Boosting Wind Power -- 14. Promoting Environmentally Sustainable Indigenous Energy Sources.