25Physiological mechanisms mediating carryover effects, wherein events or activities occurring in 26 one season, habitat, or life-history stage affect important processes in subsequent life-history 27 stages, are largely unknown. The mechanism most commonly invoked to explain carryover 28 effects from migration centres on the acquisition and utilization of resources (e.g. body mass, or 29 individual 'condition'). However, other mechanisms are plausible, e.g. trade-offs reflecting 30 conflict or incompatibility between physiological regulatory systems required for different 31 activities or life-history stages (e.g. migration vs. reproduction). Here we show that in female 32 black-browed albatrosses (Thalassarche melanophris) the decision to reproduce or to defer 33 reproduction, made prior to their arrival at breeding colonies after long-distance migration, is 34 associated with condition related (body mass, hematocrit, hemoglobin concentrations) and 35 hormonal (progesterone, testosterone, estrogen-dependent yolk precursors) traits. In contrast, 36 reproductive success showed little association with condition traits but showed significant 37 associations with the steroidogenic processes underlying follicle development. Specifically, 38 success was determined by reproductive readiness via differences in steroid hormones and 39 hormone-dependent traits. Successful albatrosses were characterised by high progesterone and 40 high estradiol-dependent yolk precursor levels, whereas failed albatrosses had high testosterone 41 and low yolk precursor levels. Results are discussed with reference to migratory carryover 42 effects and how these can differentially affect the physiologies influencing reproductive decisions 43 and reproductive success. 44 45 46