Notes to Financial Statements
May 31, 1995
Delaware Group Global & International Funds, Inc. (the "Fund") is registered as a diversified open-end
investment company under the Investment Company Act of 1940. The Fund is organized as a Maryland
corporation and offers three series (the "Series"). Each Series offers three classes of shares.
1. Significant Accounting Policies
The following accounting policies are in accordance with general accounting principles and are consistently
followed by the Fund for financial statement preparation:
Security Valuation-Securities listed on an exchange are valued at the last quoted sales price as of 4:00 pm on the
valuation date. Securities not traded are valued at the last quoted bid price. Securities not listed on an exchange
are valued at the mean of the last quoted bid and asked prices. Securities listed on a foreign exchange are valued
at the last quoted sale price before the time when the Fund is valued. Money market instruments having less than
60 days to maturity are valued at amortized cost. Security transactions are recorded on the date the securities are
purchased or sold (trade date).
Federal Income Taxes-Each Series intends to continue to qualify as a regulated investment company and make
the requisite distributions to shareholders. Accordingly, no provision for federal income taxes is required in the
Repurchase Agreements-Each Series may invest in a pooled cash account along with other members of the
Delaware Group Family of Funds. The aggregated daily balance of the pooled cash account is invested in
repurchase agreements secured by obligations of the U.S. Government. The respective collateral is held by the
Series' custodian bank until the maturity of the respective repurchase agreements. Each repurchase agreement is
102% collateralized. However, in the event of default or bankruptcy by the counterparty to the agreement,
realization of the collateral may be subject to legal proceedings.