FC 109/4


Finance Committee

Hundred and Ninth Session

Rome, 9 - 13 May 2005

Financial Highlights and Status of Current Assessments and Arrears

Table of Contents

Introduction

1. The Financial Highlights Report shows, at a summary level, the results for the 2004-05 biennium for the first 12 months to 31 December 2004. The report is organized to show:

Summary Comment on Financial Results for 2004-05 biennium for the first 12 months to 31 December 2004

2. The main points arising from the financial results for the first year of the current biennium are as follows:

General Fund

    1. The year to 31 December 2004 showed essentially a breakeven result for the General Fund. The salient points regarding the General Fund are as follows:
      1. the 2004 charge for amortisation of the After-Service Medical Coverage (ASMC) liability amounted to $14.8 million while the assessed funding towards the ASMC amortisation, approved by Conference in 2003, amounted to $7.05 million;
      2. the full provision recorded against unpaid contributions (both current assessments and arrears) increased by $9.1 million;
      3. the rate of Regular Programme expenditure in the first year of the biennium is normally slower than that of the second year of the biennium and in 2004 amounted to 44.5% of the biennial budget.
    2. TCP expenditure for the 2004-05 appropriation amounted to $21.9 million while spending towards projects of the 2002-03 appropriation amounted to $49.2 million. The average monthly TCP expenditure of $5.9 million in 2004 is significantly higher than that of the same period in 2002, confirming that the trend of higher rate of expenditure evident in 2003 has continued in 2004.
    3. Expenditure for the Arrears Allocation in 2004 amounted to $16.1 million, leaving a balance of $25.3 million for 2005.

Other Funds

    1. Due to delays in receipt of contributions, the Working Capital Fund (WCF) balance of $25.2 million was advanced in full to the General Fund in September 2004. The advance was reimbursed by the General Fund to WCF in December 2004.
    2. Because the WCF advance to the General Fund in September was insufficient to cover operating requirements, the Special Reserve Account (SRA) also advanced $15 million and $3.6 million to the General Fund in September and early October 2004 respectively. The advances were fully reimbursed by the General Fund in late October when significant contributions were finally received.
    3. Furthermore, as the WCF and SRA total balances advanced to the General Fund were inadequate for cashflow requirements, an amount of $15 million had to be borrowed externally in early October 2004. The bank loan was fully repaid after two weeks on receipt of contributions from a major donor.
    4. The SRA balance decreased by $7.3 million during the year due mainly to the unfavourable staff cost currency variance on Euro salaries arising from the generally weaker US$ exchange rates in 2004 compared to the budget rate.

Financial Issues for 2004-05 biennium

3. The main financial issues facing the Organization this biennium were reported at the Committee’s 108th Session in September 2004 and continue to be a matter of concern, as follows:

    1. General Fund cash flow will be under pressure for the following reasons:
    2. As noted in the summary comments on the 2004 financial results above, the amortisation for the ASMC liabilities in 2004 amounting to $14.8 million will further impact negatively the results of the biennium. This is because the funding towards ASMC amortisation of $14.1 million approved by the Conference for this biennium is insufficient to cover the total related amortisation charges of $30 million.

Statement of Income and Expenditure for the 12 months ended 31 December 2004

Table 1:

Undisplayed Graphic

4. Table 1 shows the income and expenditure for both the General Fund and Extra-budgetary activities for the reporting period. The General Fund is further split between the current 2004-05 biennium Programme of Work (PWB) with the Technical Cooperation Programme (TCP) shown separately, and “Others” with TCP 2002-03 prior appropriation shown separately.

Statement of Assets, Liabilities and Reserves as at 31 December 2004

Table 2:

Undisplayed Graphic

Regular Programme 2004-05 Budget Spending Rate

Table 3

Undisplayed Graphic

5. Table 3 shows the biennial rate of Regular Programme spending by Chapter expressed as a percentage of the net current appropriation ($749.1 million).

6. Chapter 4 TCP expenditure is first spent against the previous TCP 2002-03 appropriation accounting for the relatively lower expenditure rate of the TCP 2004-05 appropriation.

7. The overall RP expenditure rate for all Chapters is 44.5% of the biennial net budget.

Regular Programme Cumulative Disbursements vs
Contributions Received

Table 4

Undisplayed Graphic

8. Table 4 shows the cumulative Regular Programme disbursements for 2004 compared with the total contributions and other income received.

9. In addition to the disbursements for the 2004/05 Regular Programme budget, disbursements in 2004 included those relating to the TCP 2002/03 appropriation and the arrears allocation.

TCP Expenditure and Available Appropriation

Table 5

Undisplayed Graphic

10. Table 5 shows TCP expenditure (including accruals) as per interim and biennial audited accounts for all appropriation periods and TCP available appropriation (i.e. deferred income) for each calendar year from 1994 to 2004. It should be noted that the chart excludes approved projects which are not yet operational.

11. At 31 December 2004 the TCP appropriation to be carried forward to the subsequent year amounted to $40.2 million (2003 - $62.0 million). This is the lowest amount of appropriation carried forward to a subsequent year since 1994 and reflects the sharp increase in the delivery rate which began in 2003 and continued in 2004.

2005 Cash Flow Forecast

12. The cash flow forecasts show the cash forecast for both Regular Programme in US Dollars and Euro (Appendices H, I and J) and Trust Fund (Appendix K) for the year 2005.

13. In all forecasts, the planned figures reflect the 2004 pattern in collections and disbursements, and also include the expected arrears spending in 2005. The consolidated Regular Programme forecast expressed in US Dollars (Table 6) reveals that the Organization will likely resort to use of reserves by as early as May 2005 and recourse to external borrowing is highly likely from August to November 2005, with expected borrowing requirements of over $40 million. In 2004 the Organization was obliged to borrow $15 million for a short period in October.

14. Based on the collection pattern in 2004 the Euro cash position will again be negative through almost the whole of 2005. As the irregular and generally late receipt of the Euro contributions did not match the timing of Euro expenditures in 2004 the Organization had to secure its Euro requirements with treasury swaps using US Dollar holdings. The funding cost for the Euro in 2004 represented a charge of over Euro 300,000,-- partly compensated by interest on the US Dollar holdings of $250,000,-- resulting in a net cost of approximately $122,000 for the year 2004. In view of the changed short term interest rates for the US Dollar and the Euro the net cost will be likely become a small net profit for the year 2005.

Table 6

15. Table 6 shows the Regular Programme consolidated (expressed in US dollars) cash flow forecast from January to December 2005 (cash includes short-term investments considered as cash equivalents).

Table 7

Undisplayed Graphic

16. Table 7 shows the Regular Programme US Dollar cashflow forecast from January to December 2005.

Table 8

Undisplayed Graphic

17. Table 8 shows the Regular Programme Euro cash flow forecast from January to December 2005.

Table 9

Undisplayed Graphic

18. Table 9 shows the Trust and UNDP Funds cash flow forecast from January to December 2005.

 

APPENDIX A

The Status of Contributions to the Regular Programme

Summary Status of Contributions to the Regular Programmea b

    2004 2003 (for comparison)
1. Amounts outstanding on 1 January    
  Current Assessmentsc US$ 170,800,500.00
€uro 174,455,500.00 		US$ 324,031,500.00
-
  Contributions in arrearsd US$ 91,767,135.77 US$ 82,627,765.01
  Total US$ 262,567,635.77
€uro 174,455,500.00 		US$ 406,659,265.01
-
2. Receipts 1 January to 31 December    
  Current Assessments US$ 144,959,706.41
€uro 160,838,375.43 		US$ 288,339,112.78
-
  Contributions in arrears US$ 33,382,889.61 US$ 20,809,716.77
  Total US$ 178,342,596.02
€uro 160,838,375.43 		US$ 309,148,829.55
 -
3. Amounts outstanding at 31 December    
  Current Assessments US$ 25,840,793.59
€uro 13,617,124.57 		US$ 35,692,387.22
-
  Contributions in arrears US$ 58,384,246.16 US$ 61,818,048.24
  Total US$ 84,225,039.75
€uro 13,617,124.57 		US$ 97,510,435.46
-

_____________________

a Appendix B sets out full details of receipts during 2004.

b Contributions in arrears include amounts payable under Conference authorized instalment plans.

c Of which US$1,400,000 relates to the Tax Equalization Fund for 2004 and US$1,500,000 for 2003

d Contributions in arrears at 1 January includes the previous year end balance carried forward plus arrears instalments due 1 January, less any new instalment plans approved by the Conference and New Member contributions where applicable.

 

Current Assessments

19. The following statistics show the cumulative percentage receipts of current assessments over the past five years.

Undisplayed Graphic

Receipt figures for 2004 are the aggregate of USDollar and €uro receipts. All figures are at month end.

20. The position of the 2004 assessments of Member Nations at 31 December 2004, compared to the same date during the four preceding years was as follows:

Number of Member Nations

  2004 US$ 2004 €uro 2003 2002 2001 2000
Paid in full 120 96 113 100 80 69
Part paid 14 18 15 22 25 32
No payment 53 73 55 61 74 79
Total 187 187 183 183 179 180

 

Contributions in arrears

21. The position of Member Nations with arrears of contributions at 31 December 2004 was as follows:

Number of Member Nations

With arrears at 1 January 2004 82  
Arrears paid in full (Appendix D)   31
Arrears partially paid (Appendix E)   24
No payment (Appendix F)   27
With arrears at 31 December 2004 (Appendix C) 51  

22. Additional information regarding arrears due at 31 December 2004

Total Contributions Outstanding

23. The following charts show the geographical distribution of the total of all Regular Programme contributions outstanding in US Dollars and Euro at 31 December 2004.

Undisplayed Graphic

 

Undisplayed Graphic

  

APPENDIX B

Regular Programme Contributions

Status as at: 31 December 2004

Member Nations

Receipts: 1/, 3/

Outstanding Contributions

Total Outstanding

Advances from 2003 and credits to date

Relating to 2004 Assessments

Arrears: 2003 and prior assessments 2/

US$

€uro

US$

€uro

US$

US$

€uro

Afghanistan

-

-

15,313.80

15,770.78

254,606.32

269,920.12

15,770.78

Albania

15.97

5,251.11

5,082.98

-

-

5,082.98

-

Algeria

119,156.31

122,712.00

-

-

-

-

-

Angola

3,404.95

3,506.55

-

-

-

-

-

Antigua and Barbuda

-

-

3,404.95

3,506.55

336,777.87

340,182.82

3,506.55

Argentina

-

-

1,955,898.17

2,014,263.20

17,599,329.00

19,555,227.17

2,014,263.20

Armenia

28,404.95

3,506.55

-

-

-

-

-

Australia

2,769,579.59

2,852,225.31

-

-

-

-

-

Austria

1,612,032.10

1,658,881.41

-

1,254.57

-

-

1,254.57

Azerbaijan

132,492.16

7,013.11

6,809.90

-

1,124,330.36

1,131,140.26

-

Bahamas

20,429.70

21,039.33

-

-

-

-

-

Bahrain

30,644.55

31,559.00

-

-

-

-

-

Bangladesh

17,024.75

17,532.78

-

-

-

-

-

Barbados

15,313.80

11,819.21

-

3,951.57

-

-

3,951.57

Belgium

1,921,848.67

1,979,197.65

-

-

-

-

-

Belize

1,694.01

1,744.56

-

-

-

-

-

Benin

3,404.95

3,506.55

-

-

-

-

-

Bhutan

1,694.01

1,744.56

-

-

-

-

-

Bolivia

33,689.90

13,974.54

-

51.68

-

-

 
51.68

Bosnia and Herzegovina

6,809.90

7,013.11

-

-

-

-

-

Botswana

17,024.75

-

-

17,532.78

-

-

17,532.78

Brazil

7,714,610.72

-

4,068,407.11

4,189,810.51

14,045,131.43

18,113,538.54

4,189,810.51

Bulgaria

22,123.70

22,783.89

-

-

-

-

-

Burkina Faso

3,404.95

3,506.55

-

-

-

-

-

Burundi

4,507.16

-

1,694.01

1,744.56

142,683.40

144,377.41

1,744.56

Cambodia

34,300.95

3,506.55

-

-

-

-

-

Cameroon

-

-

15,313.80

15,770.78

19,427.99

34,741.79

15,770.78

Canada

4,354,372.09

4,484,308.84

-

-

-

-

-

Cape Verde

0.83

-

1,693.18

1,744.56

-

1,693.18

1,744.56

Central African Republic

-

-

1,694.01

1,744.56

205,645.12

207,339.13

1,744.56

Chad

53,979.05

1,744.56

1,694.01

-

118,345.10

120,039.11

-

Chile

610,614.00

-

-

371,642.55

387,864.51

387,864.51

371,642.55

China

5,084,948.66

2,475,000.00

-

210,690.08

-

-

210,690.08

Colombia

241,026.54

-

342,155.13

352,365.22

900,438.27

1,242,593.40

352,365.22

Comoros

20,299.12

-

1,694.01

1,744.56

267,943.50

269,637.51

1,744.56

Congo, Republic of

1,694.01

1,744.56

-

-

-

-

-

Congo, Democratic
Republic of

-

-

6,809.90

7,013.11

27,802.10

34,612.00

7,013.11

Cook Islands

-

-

1,694.01

1,744.56

-

1,694.01

1,744.56

Costa Rica

23,916.39

-

10,133.11

35,065.55

186,403.17

196,536.28

35,065.55

Cote d'Ivoire

38,716.91

-

-

15,770.78

-

-

15,770.78

Croatia

66,388.05

68,369.11

-

-

-

-

-

Cuba

144,000.00

-

51,074.25

52,598.33

73,556.20

124,630.45

52,598.33

Cyprus

64,694.05

66,624.55

-

-

-

-

-

Czech Republic

345,560.08

355,871.77

-

-

-

-

-

D.P.R. of Korea

-

-

15,313.80

15,770.78

-

15,313.80

15,770.78

Denmark

1,274,992.86

1,313,039.32

-

-

-

-

-

Djibouti

525.60

-

1,168.41

1,744.56

-

1,168.41

1,744.56

Dominica

-

-

1,694.01

1,744.56

12,881.62

14,575.63

1,744.56

Dominican Republic

-

-

39,148.45

40,316.66

583,572.67

622,721.12

40,316.66

Ecuador

175,736.82

-

24,822.80

43,823.22

-

24,822.80

43,823.22

Egypt

137,892.01

142,006.78

-

-

-

-

-

El Salvador

30,644.55

31,559.00

-

-

-

-

-

Equatorial Guinea

1,694.01

1,744.56

-

-

-

-

-

Eritrea

1,694.01

1,744.56

-

-

-

-

-

Estonia

17,024.75

17,532.78

-

-

-

-

-

Ethiopia

6,809.90

7,013.11

-

-

-

-

-

Fiji

-

-

6,809.90

7,013.11

31,747.02

38,556.92

7,013.11

Finland

888,573.38

915,088.88

-

-

-

-

-

France

11,006,814.43

11,335,263.56

-

-

-

-

-

Gabon

46,313.71

-

23,834.65

24,545.89

44,253.14

68,087.79

24,545.89

Gambia

8,361.26

-

-

1,744.56

102,507.45

102,507.45

1,744.56

Georgia

38,004.37

-

6,722.86

8,757.66

-

6,722.86

8,757.66

Germany

16,629,369.48

17,125,598.61

-

-

-

-

-

Ghana

8,503.90

-

-

8,757.66

-

-

8,757.66

Greece

917,523.93

944,903.32

-

-

-

-

-

Grenada

43,752.41

-

1,694.01

1,744.56

33,870.09

35,564.10

1,744.56

Guatemala

135,570.46

-

23,248.87

47,329.78

-

23,248.87

47,329.78

Guinea

36,750.00

-

5,098.95

5,251.11

1,618.24

6,717.19

5,251.11

Guinea-Bissau

-

-

1,694.01

1,744.56

95,654.12

97,348.13

1,744.56

Guyana

1,694.01

1,009.06

-

735.50

-

-

735.50

Haiti

3,404.95

3,506.55

-

-

-

-

-

Honduras

8,503.90

5,325.77

-

3,431.89

-

-

3,431.89

Hungary

204,280.06

210,375.88

-

-

-

-

-

Iceland

56,173.20

57,849.44

-

-

-

-

-

India

580,467.75

597,789.22

-

-

-

-

-

Indonesia

340,641.12

-

-

350,620.66

-

-

350,620.66

Iran

950,000.00

-

463,022.38

476,839.22

80,619.36

543,641.74

476,839.22

Iraq

-

-

231,502.72

238,410.89

5,469,519.54

5,701,022.26

238,410.89

Ireland

500,459.90

515,393.88

-

-

-

-

-

Israel

706,433.96

727,514.32

4,708.65

-

-

4,708.65

-

Italy

8,621,519.87

8,878,790.55

-

-

-

-

-

Jamaica

6,809.90

-

-

7,013.11

-

-

7,013.11

Japan

33,220,861.01

34,212,188.98

-

-

-

-

-

Jordan

25,963.79

-

13,619.80

14,026.22

31,915.00

45,534.80

14,026.22

Kazakhstan

355,954.70

33,166.88

-

15,924.90

-

-

15,924.90

Kenya

13,619.80

14,026.22

-

-

-

-

-

Kiribati

-

-

1,694.01

1,744.56

6,512.56

8,206.57

1,744.56

Korea, Republic of

3,150,883.18

-

-

3,244,907.19

-

-

3,244,907.19

Kuwait

250,238.42

257,705.66

-

-

-

-

-

Kyrgyz Republic

-

-

1,694.01

1,744.56

863,882.62

865,576.63

1,744.56

Laos

1,694.01

1,744.56

-

-

-

-

-

Latvia

55,000.00

17,532.78

17,024.75

-

842,678.79

859,703.54

-

Lebanon

38,929.55

-

20,429.70

21,039.33

-

20,429.70

21,039.33

Lesotho

1,694.01

1,744.56

-

-

-

-

-

Liberia

-

-

1,694.01

1,744.56

334,988.72

336,682.73

1,744.56

Libyan Arab Jamahiriya

114,057.36

117,460.89

-

-

-

-

-

Lithuania

213,961.68

29,797.00

-

-

-

-

-

Luxembourg

136,181.06

140,244.78

-

-

-

-

-

Madagascar

5,098.95

5,251.11

-

-

-

-

-

Malawi

7,545.00

-

2,342.84

3,506.55

-

2,342.84

3,506.55

Malaysia

762,245.72

411,976.66

-

-

-

-

-

Maldives

1,694.01

1,744.56

-

-

-

-

-

Mali

9,880.75

3,506.55

-

-

-

-

-

Malta

25,528.65

26,290.44

-

-

-

-

-

Marshall Islands

-

-

1,694.01

1,744.56

-

1,694.01

1,744.56

Mauritania

1,694.01

1,744.56

-

-

-

-

-

Mauritius

18,718.75

19,277.33

-

-

-

-

-

Mexico

1,848,650.71

1,903,815.42

-

-

-

-

-

Micronesia

2,500.34

1,066.94

-

677.62

-

-

677.62

Moldova

73,404.95

2,553.34

-

953.21

-

-

953.21

Monaco

6,809.90

7,013.11

-

-

-

-

-

Mongolia

1,694.01

-

-

1,744.56

-

-

1,744.56

Morocco

74,891.96

77,126.78

-

-

-

-

-

Mozambique

1,694.01

1,744.56

-

-

-

-

-

Myanmar, Union of

49,471.42

17,325.22

-

207.56

-

-

207.56

Namibia

-

-

11,908.85

12,264.22

-

11,908.85

12,264.22

Nauru

-

-

1,694.01

1,744.56

7,254.50

8,948.51

1,744.56

Nepal

-

-

6,809.90

7,013.11

-

6,809.90

7,013.11

Netherlands

2,958,528.91

3,046,812.97

-

-

-

-

-

New Zealand

410,237.19

422,478.88

-

-

-

-

-

Nicaragua

-

-

1,694.01

1,744.56

138,970.68

140,664.69

1,744.56

Niger

1,694.01

1,744.56

-

-

-

-

-

Nigeria

-

-

115,751.36

119,205.44

103,179.49

218,930.85

119,205.44

Niue

1,694.01

1,744.56

-

-

-

-

-

Norway

1,099,663.34

1,132,477.88

-

-

-

-

-

Oman

103,842.51

106,941.22

-

-

-

-

-

Pakistan

332,856.79

-

10,092.25

106,941.22

-

10,092.25

106,941.22

Palau

-

-

1,694.01

1,744.56

-

1,694.01

1,744.56

Panama

58,056.00

-

30,644.55

31,559.00

322.20

30,966.75

31,559.00

Papua New Guinea

13.55

-

10,201.30

10,519.67

-

10,201.30

10,519.67

Paraguay

13,015.72

-

27,239.60

28,052.44

164,897.45

192,137.05

28,052.44

Peru

384,418.11

-

200,875.11

206,869.33

768,752.68

969,627.79

206,869.33

Philippines

331,969.15

-

162,599.09

175,310.33

403,758.71

566,357.80

175,310.33

Poland

2,358,883.72

662,651.77

-

-

-

-

-

Portugal

786,441.82

809,909.66

-

-

-

-

-

Qatar

-

-

57,884.15

59,611.44

-

57,884.15

59,611.44

Romania

98,726.61

101,672.66

-

-

-

-

-

Rwanda

1,694.01

1,204.52

-

540.04

-

-

540.04

St Kitts & Nevis

1,694.01

-

-

1,744.56

-

-

1,744.56

Saint Lucia

3,404.95

3,506.55

-

-

-

-

-

St Vincent & the Grenadines

1,704.32

1,744.56

-

-

-

-

-

Samoa

1,694.01

1,744.56

-

-

-

-

-

San Marino

3,404.95

3,506.55

-

-

-

-

-

Sao Tome and Principe

-

-

1,694.01

1,744.56

265,164.12

266,858.13

1,744.56

Saudi Arabia,
Kingdom of

943,052.58

964,158.39

-

7,035.38

-

-

7,035.38

Senegal

8,503.90

8,757.66

-

-

-

-

-

Serbia and Montenegro

98,910.59

35,065.55

-

-

-

-

-

Seychelles

-

-

3,404.95

3,506.55

139,274.60

142,679.55

3,506.55

Sierra Leone

106,482.94

-

1,694.01

1,744.56

198,079.86

199,773.87

1,744.56

Slovakia

73,197.95

75,382.22

-

-

-

-

-

Slovenia

137,892.01

142,006.78

-

-

-

-

-

Solomon Islands

15,620.43

-

1,694.01

1,744.56

32,367.69

34,061.70

1,744.56

Somalia

-

-

1,694.01

1,744.56

341,068.12

342,762.13

1,744.56

South Africa

694,525.11

715,250.10

-

-

-

-

-

Spain

4,287,560.53

4,415,503.59

-

-

-

-

-

Sri Lanka

27,239.60

28,052.44

-

-

-

-

-

Sudan

-

-

10,214.85

10,519.67

21,219.42

31,434.27

10,519.67

Suriname

-

-

3,404.95

3,506.55

78,887.53

82,292.48

3,506.55

Swaziland

3,404.95

3,506.55

-

-

-

-

-

Sweden

1,747,789.66

1,799,944.62

-

-

-

-

-

Switzerland

2,168,682.14

2,233,396.76

-

-

-

-

-

Syria

136,181.06

-

-

140,244.78

-

-

140,244.78

Tajikistan

33,919.32

1,717.87

-

26.69

147,587.06

147,587.06

26.69

Tanzania

7,699.65

7,013.11

-

-

-

-

-

Thailand

500,459.90

515,393.88

-

-

-

-

-

The Former Yug. Rep.
of Macedonia

10,214.85

10,519.67

-

-

-

-

-

Timor Leste

-

1,744.56

1,694.01

-

806.33

2,500.34

-

Togo

1,694.01

1,744.56

-

-

-

-

-

Tonga

1,694.01

1,744.56

-

-

-

-

-

Trinidad and Tobago

27,239.60

28,052.44

-

-

-

-

-

Tunisia

57,757.80

-

-

52,598.33

-

-

52,598.33

Turkey

748,987.37

629,838.55

-

141,499.00

-

-

141,499.00

Turkmenistan

-

-

5,098.95

5,251.11

416,562.90

421,661.85

5,251.11

Tuvalu

2,500.34

1,685.91

-

58.65

-

-

58.65

Uganda

8,503.90

7,817.03

-

940.63

-

-

940.63

Ukraine

133,166.09

83,265.21

-

9,649.79

-

-

9,649.79

United Arab Emirates

343,849.13

354,109.77

-

-

-

-

-

United Kingdom

9,423,715.93

9,704,924.57

-

-

-

-

-

United States of America

35,898,453.00

38,380,210.00

17,260,987.00

-

1,752,850.00

19,013,837.00

-

Uruguay

154,344.00

-

136,181.06

140,244.78

768,319.92

904,500.98

140,244.78

Uzbekistan

39,160.00

-

15,230.73

19,277.33

-

15,230.73

19,277.33

Vanuatu

14,575.63

-

-

1,744.56

-

-

1,744.56

Venezuela

2,033,617.86

-

354,063.98

364,629.44

-

354,063.98

364,629.44

Viet Nam

27,239.60

96.54

-

27,955.90

-

-

27,955.90

Yemen

10,214.85

10,519.67

-

-

-

-

-

Yugoslavia 1990-2000

-

-

-

-

8,405,308.00

8,405,308.00

-

Zambia

-

-

3,404.95

3,506.55

3,109.62

6,514.57

3,506.55

Zimbabwe

39,583.59

14,026.22

-

-

-

-

-

 

 

 

 

 

 

 

 

               

Total

178,342,596.02

160,838,375.43

25,840,793.59

13,617,124.57

58,384,246.16

84,225,039.75

13,617,124.57

 

 

 

 

 

 

 

 

               

1/Of US dollar receipts, US$144,959,706.41 credited to 2004 assessments, US$33,382,889.61 to arrears

2/ Includes Arrears Instalments of US$568,454.71 due in 2004

3/ Includes credits due under Discount Scheme for 2003 totalling US$77,053.11

Conference Authorized Arrears Instalments - Summary

Member Nations

Receipts

  

Instalments

  

Total Outstanding

Due in 2004

 

Due in future Years

US$

  

US$

  

US$

  

US$

         

Armenia

25,000.00

-

1,578,298.63

1,578,298.63

Bolivia

20,070.10

-

100,350.57

100,350.57

Cambodia

30,896.00

-

30,896.00

30,896.00

Georgia

20,000.00

-

1,317,323.08

1,317,323.08

Kazakhstan

217,460.53

-

869,842.11

869,842.11

Lithuania

185,028.08

-

1,110,168.48

1,110,168.48

Moldova

70,000.00

-

964,658.63

964,658.63

 

 

 

 

 

 

 

 

 

 

Total

568,454.71

-

5,971,537.50

5,971,537.50

 

 

 

 

 

   

APPENIX C

Member Nations with Arrears of Contributions as at 31 December 2004

No.

Member Nation

Arrears Outstanding

Total Arrears

2003

2002

2001

2000

Prior

 

 

 

 

 

 

 

 

1

Argentina

3,726,625.71

3,760,717.29

3,739,626.50

3,562,774.00

2,809,585.50

17,599,329.00

2

Brazil

7,751,657.57

6,293,473.86

 

 

 

14,045,131.43

3

Yugoslavia

 

 

 

83,603.00

8,321,705.00

8,405,308.00

4

Iraq

441,094.09

332,207.45

411,584.00

102,896.00

4,181,738.00

5,469,519.54

5

United States of America

 

 

 

 

1,752,850.00

1,752,850.00

6

Azerbaijan

12,965.76

12,901.26

12,862.00

35,370.50

1,050,230.84

1,124,330.36

 

 

 

 

 

 

 

 

Arrears over $1,000,000

11,932,343.13

10,399,299.86

4,164,072.50

3,784,643.50

18,116,109.34

48,396,468.33

 

 

 

 

 

 

 

 

7

Colombia

651,932.93

248,505.34

 

 

 

900,438.27

8

Kyrgyz Republic

3,225.31

3,225.31

3,215.50

19,293.00

834,923.50

863,882.62

9

Latvia

32,446.67

32,253.15

32,155.00

54,663.50

691,160.47

842,678.79

10

Peru

382,715.88

386,036.80

 

 

 

768,752.68

11

Uruguay

259,476.59

264,475.83

244,367.50

 

 

768,319.92

12

Dominican Republic

 

74,182.25

73,956.50

 

435,433.92

583,572.67

13

Turkmenistan

9,740.45

9,675.95

9,646.50

19,293.00

368,207.00

416,562.90

14

Philippines

 

328,982.13

74,776.58

 

 

403,758.71

15

Chile

387,864.51

 

 

 

 

387,864.51

16

Somalia

3,225.31

3,225.31

3,215.50

3,215.50

328,186.50

341,068.12

17

Antigua and Barbuda

6,482.89

6,450.63

 

 

323,844.35

336,777.87

18

Liberia

3,225.31

3,225.31

3,215.50

6,431.00

318,891.60

334,988.72

19

Comoros

3,225.31

3,225.31

3,215.50

3,215.50

255,061.88

267,943.50

20

Sao Tome and Principe

3,225.31

3,225.31

3,215.50

3,215.50

252,282.50

265,164.12

21

Afghanistan

29,189.11

22,577.21

25,724.00

9,646.50

167,469.50

254,606.32

 

 

 

 

 

 

 

 

 Arrears $250,000 to $1,000,000

1,775,975.58

1,389,265.84

476,703.58

118,973.50

3,975,461.22

7,736,379.72

 

 

 

 

 

 

 

 

22

Central African Republic

3,225.31

3,225.31

3,215.50

3,215.50

192,763.50

205,645.12

23

Sierra Leone

3,225.31

809.85

3,215.50

3,215.50

187,613.70

198,079.86

24

Costa Rica

64,861.09

64,506.30

57,035.78

 

 

186,403.17

25

Paraguay

51,895.32

51,605.04

51,448.00

9,949.09

 

164,897.45

26

Tajikistan

 

 

 

12,862.00

134,725.06

147,587.06

27

Burundi

 

3,225.31

 

3,215.50

136,242.59

142,683.40

28

Seychelles

6,482.89

6,450.63

6,431.00

6,431.00

113,479.08

139,274.60

29

Nicaragua

3,225.31

3,225.31

3,215.50

3,215.50

126,089.06

138,970.68

30

Chad

3,225.31

3,225.31

 

3,170.05

108,724.43

118,345.10

31

Nigeria

103,179.49

 

 

 

 

103,179.49

32

Gambia

3,225.31

 

64,138.12

15,400.02

19,744.00

102,507.45

33

Guinea-Bissau

3,225.31

3,225.31

3,215.50

3,215.50

82,772.50

95,654.12

34

Iran, Islamic Republic of

80,619.36

 

 

 

 

80,619.36

35

Suriname

6,482.89

6,450.63

6,431.00

12,862.00

46,661.01

78,887.53

36

Cuba

73,556.20

 

 

 

 

73,556.20

37

Gabon

44,253.14

 

 

 

 

44,253.14

38

Grenada

 

 

 

3,215.50

30,654.59

33,870.09

39

Solomon Islands

3,225.31

3,225.31

3,215.50

3,215.50

19,486.07

32,367.69

40

Jordan

 

 

 

 

31,915.00

31,915.00

41

Fiji

12,965.76

12,901.26

5,880.00

 

 

31,747.02

42

Democratic Republic of Congo

12,965.76

 

12,862.00

1,974.34

 

27,802.10

43

Sudan

19,448.65

1,770.77

 

 

 

21,219.42

44

Cameroon

19,427.99

 

 

 

 

19,427.99

45

Dominica

3,225.31

3,225.31

3,215.50

3,215.50

 

12,881.62

46

Nauru

3,225.31

4,029.19

 

 

 

7,254.50

47

Kiribati

3,225.31

3,225.31

61.94

 

 

6,512.56

48

Zambia

3,109.62

 

 

 

 

3,109.62

49

Guinea

1,618.24

 

 

 

 

1,618.24

50

Timor-Leste

806.33

 

 

 

 

806.33

51

Panama

322.20

 

 

 

 

322.20

 

 

 

 

 

 

 

 

Arrears less than $250,000

534,248.03

174,326.15

223,580.84

88,372.50

1,230,870.59

2,251,398.11

 

 

 

 

 

 

 

 

Total of all Member Nations

14,242,566.74

11,962,891.85

4,864,356.92

3,991,989.50

23,322,441.15

58,384,246.16

 

APPENDIX D

Arrears paid in full during Calendar Year 2004 as at 31 December 2004

No.

Member Nation

Arrears Paid

1

Armenia

$

25,000.00

2

Bolivia

$

 20,070.10

3

Cambodia

$

 30,896.00

4

China

$

 2,477,078.78

5

Cote d'Ivoire

$

 23,403.11

6

Ecuador

$

 158,006.22

7

Georgia

$

 36,223.33

8

Guatemala

$

 112,860.98

9

Indonesia

$

 180.00

10

Israel

$

 4,708.65

11

Kazakhstan

$

 308,285.40

12

Lebanon

$

 38,929.55

13

Lithuania

$

 185,028.08

14

Malawi

$

 6,482.89

15

Malaysia

$

 362,206.44

16

Mali

$

 6,475.80

17

Micronesia

$

 806.33

18

Moldova

$

 70,000.00

19

Myanmar, Union of

$

 32,446.67

20

Pakistan

$

 239,106.53

21

Poland

$

 1,715,432.86

22

Serbia and Montenegro

$

 64,861.09

23

St Vincent and the Grenadines

$

10.31

24

Tanzania

 $

889.75

25

Tunisia

$

6,683.55

26

Tuvalu

 $

 806.33

27

Ukraine

$

 42,943.39

28

Uzbekistan

 $

 35,671.98

29

Vanuatu

$

 12,881.62

30

Venezuela

$

 2,033,617.86

31

Zimbabwe

$

 25,963.79

 Total of all Member Nations

 $

 8,077,957.39

 

APPENDIX E

Arrears paid in part during Calendar Year 2004 as at 31 December 2004

No.

Member Nation

Arrears Paid

Remaining Balance

1

Azerbaijan

 $

 132,492.16

$

 1,124,330.36

2

Brazil

 $

 7,714,610.72

$

 14,045,131.43

3

Burundi

 $

 4,507.16

$

 142,683.40

4

Chad

 $

 53,979.05

$

 118,345.10

5

Chile

 $

 249,740.12

$

 387,864.51

6

Colombia

 $

 241,026.54

$

 900,438.27

7

Comoros

 $

 20,299.12

$

 267,943.50

8

Cuba

 $

 144,000.00

$

 73,556.20

9

Gabon

 $

 46,313.71

$

 44,253.14

10

Gambia

 $

 6,667.25

$

 102,507.45

11

Grenada

 $

 43,752.41

$

 33,870.09

12

Guinea

 $

 36,750.00

$

 1,618.24

13

Iran, Islamic Republic of

 $

 950,000.00

$

 80,619.36

14

Jordan

 $

 25,963.79

$

 31,915.00

15

Latvia

 $

 55,000.00

$

 842,678.79

16

Panama

 $

 58,056.00

$

 322.20

17

Paraguay

 $

 13,015.72

$

 164,897.45

18

Peru

 $

 384,418.11

$

 768,752.68

19

Philippines

 $

 324,337.68

$

 403,758.71

20

Sierra Leone

 $

 106,482.94

$

 198,079.86

21

Solomon Islands

 $

 15,620.43

$

 32,367.69

22

Tajikistan

 $

 32,225.31

$

 147,587.06

23

United States of America

 $

 14,491,330.00

$

 1,752,850.00

24

Uruguay

 $

154,344.00

$

 768,319.92

 

 

  

 

  

 

Total of all Member Nations

 $

25,304,932.22

$

22,434,690.41

 

APPENDIX F

Member Nations having made no payment in 2004 against outstanding arrears as at 31 December 2004

Member Nation

Arrears Outstanding

Total Arrears

2003

2002

2001

2000

Prior

 

 

 

 

 

 

 

Afghanistan

$ 29,189.11

$ 22,577.21

$ 25,724.00

$ 9,646.50

$ 167,469.50

$ 254,606.32

Antigua and Barbuda

$ 6,482.89

$ 6,450.63

$ -

$ -

$ 323,844.35

$ 336,777.87

Argentina

$ 3,726,625.71

$ 3,760,717.29

$ 3,739,626.50

$ 3,562,774.00

$ 2,809,585.50

$ 17,599,329.00

Cameroon

$ 19,427.99

$ -

$ -

$ -

$ -

$ 19,427.99

Central African Republic

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 3,215.50

$ 192,763.50

$ 205,645.12

Costa Rica

$ 64,861.09

$ 64,506.30

$ 57,035.78

$ -

$ -

$ 186,403.17

Democratic Republic of Congo

$ 12,965.76

 

$ 12,862.00

$ 1,974.34

 

$ 27,802.10

Dominica

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 3,215.50

$ -

$ 12,881.62

Dominican Republic

$ -

$ 74,182.25

$ 73,956.50

$ -

$ 435,433.92

$ 583,572.67

Fiji

$ 12,965.76

$ 12,901.26

$ 5,880.00

 

 

$ 31,747.02

Guinea-Bissau

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 3,215.50

$ 82,772.50

$ 95,654.12

Iraq

$ 441,094.09

$ 332,207.45

$ 411,584.00

$ 102,896.00

$ 4,181,738.00

$ 5,469,519.54

Kiribati

$ 3,225.31

$ 3,225.31

$ 61.94

$ -

$ -

$ 6,512.56

Kyrgyz Republic

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 19,293.00

$ 834,923.50

$ 863,882.62

Liberia

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 6,431.00

$ 318,891.60

$ 334,988.72

Nauru

$ 3,225.31

$ 4,029.19

$ -

$ -

$ -

$ 7,254.50

Nicaragua

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 3,215.50

$ 126,089.06

$ 138,970.68

Nigeria

$ 103,179.49

$ -

$ -

$ -

$ -

$ 103,179.49

Sao Tome and Principe

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 3,215.50

$ 252,282.50

$ 265,164.12

Seychelles

$ 6,482.89

$ 6,450.63

$ 6,431.00

$ 6,431.00

$ 113,479.08

$ 139,274.60

Somalia

$ 3,225.31

$ 3,225.31

$ 3,215.50

$ 3,215.50

$ 328,186.50

$ 341,068.12

Sudan

$ 19,448.65

$ 1,770.77

$ -

$ -

$ -

$ 21,219.42

Suriname

$ 6,482.89

$ 6,450.63

$ 6,431.00

$ 12,862.00

$ 46,661.01

$ 78,887.53

Timor-Leste

$ 806.33

$ -

$ -

$ -

$ -

$ 806.33

Turkmenistan

$ 9,740.45

$ 9,675.95

$ 9,646.50

$ 19,293.00

$ 368,207.00

$ 416,562.90

Yugoslavia

$ -

$ -

$ -

$ 83,603.00

$ 8,321,705.00

$ 8,405,308.00

Zambia

$ 3,109.62

$ -

$ -

$ -

$ -

$ 3,109.62

 

 

 

 

 

 

 

Total of all
Member Nations

$ 4,495,115.82

$ 4,330,947.35

$ 4,374,963.22

$ 3,844,496.84

$ 18,904,032.52

$ 35,949,555.75

 

APPENDIX G

Member Nations with Potential Voting Rights Problems at 31 December 2004

Member Nation

Amount in Arrears

Contribution Due for Two Preceding years

Minimum Payment required to Ensure Vote

 

 

 

 

 

1

Afghanistan

$ 254,606.32

$ 51,766.32

$ 202,841.00

2

Antigua and Barbuda

$ 336,777.87

$ 12,933.52

$ 323,845.35

3

Argentina

$ 17,599,329.00

$ 7,487,343.00

$ 10,111,987.00

4

Azerbaijan

$ 1,124,330.36

$ 25,867.02

$ 1,098,464.34

5

Burundi

$ 142,683.40

$ 6,450.62

$ 136,233.78

6

Central African Republic

$ 205,645.12

$ 6,450.62

$ 199,195.50

7

Chad

$ 118,345.10

$ 6,450.62

$ 111,895.48

8

Comoros

$ 267,943.50

$ 6,450.62

$ 261,493.88

9

Costa Rica

$ 186,403.17

$ 129,367.39

$ 57,036.78

10

Democratic Republic of Congo

$ 27,802.10

$ 25,867.02

$ 1,936.08

11

Dominica

$ 12,881.62

$ 6,450.62

$ 6,432.00

12

Dominican Republic

$ 583,572.67

$ 148,783.79

$ 434,789.88

13

Fiji

$ 31,747.02

$ 25,867.02

$ 5,881.00

14

Gambia

$ 102,507.45

$ 6,450.62

$ 96,057.83

15

Grenada

$ 33,870.09

$ 6,450.62

$ 27,420.47

16

Guinea-Bissau

$ 95,654.12

$ 6,450.62

$ 89,204.50

17

Iraq

$ 5,469,519.54

$ 773,301.54

$ 4,696,219.00

18

Kiribati

$ 6,512.56

$ 6,450.62

$ 62.94

19

Kyrgyz Republic

$ 863,882.62

$ 6,450.62

$ 857,433.00

20

Latvia

$ 842,678.79

$ 64,699.82

$ 777,979.97

21

Liberia

$ 334,988.72

$ 6,450.62

$ 328,539.10

22

Nauru

$ 7,254.50

$ 6,450.62

$ 804.88

23

Nicaragua

$ 138,970.68

$ 6,450.62

$ 132,521.06

24

Paraguay

$ 164,897.45

$ 103,500.36

$ 61,398.09

25

Sao Tome and Principe

$ 265,164.12

$ 6,450.62

$ 258,714.50

26

Seychelles

$ 139,274.60

$ 12,933.52

$ 126,342.08

27

Sierra Leone

$ 198,079.86

$ 6,450.62

$ 191,630.24

28

Solomon Islands

$ 32,367.69

$ 6,450.62

$ 25,918.07

29

Somalia

$ 341,068.12

$ 6,450.62

$ 334,618.50

30

Suriname

$ 78,887.53

$ 12,933.52

$ 65,955.01

31

Tajikistan

$ 147,587.06

$ 6,450.62

$ 141,137.44

32

Turkmenistan

$ 416,562.90

$ 19,416.40

$ 397,147.50

33

Uruguay

$ 768,319.92

$ 523,952.42

$ 244,368.50

         

 

 

$ 31,340,115.57

$ 9,534,643.82

$ 21,805,504.75

 

APPENDIX H

Regular programme Cash Position Actual at January 2005 and Forecast to December 2005

(Consolidated USD and EUR expressed in USD millions - including planned arrears expenditures)

 

Actual

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

  

Regular Programme

Jan.

Febr.

March

April

May

June

July

August

Sept.

Oct.

Nov.

Dec.

Total

 

  

Section I

Cash Flow from Operating Activities

Receipts:

Contributions

65.58

22.97

12.43

24.12

14.79

37.14

25.10

8.57

7.99

77.21

37.01

56.61

389.53

Other Activities

4.32

2.56

0.13

0.93

0.18

3.45

4.32

0.51

3.09

1.76

5.72

3.28

30.25

Total

69.90

25.53

12.56

25.05

14.97

40.59

29.42

9.08

11.08

78.97

42.73

59.89

419.78

 

  

Payments:

Staff Cost

-14.42

-18.26

-17.98

-18.69

-18.12

-18.54

-18.56

-18.25

-18.26

-22.81

-13.86

-23.66

-221.40

 

 

Procurement and Travel HQ

-13.13

-19.76

-22.45

-19.35

-16.47

-19.88

-27.02

-21.37

-17.75

-17.49

-23.50

-24.17

-242.35

Total

-27.55

-38.01

-40.43

-38.04

-34.59

-38.42

-45.58

-39.62

-36.02

-40.30

-37.35

-47.83

-463.74

 

  

Net Cash from Operating Activities

42.35

-12.49

-27.87

-12.99

-19.62

2.17

-16.16

-30.54

-24.94

38.68

5.38

12.06

-43.96

 

  

Section II

Bank Interest

0.09

0.04

0.06

0.04

0.00

0.03

0.03

0.03

0.00

0.05

0.05

0.10

0.52

 

Net Increase/Decrease in Cash

42.44

-12.45

-27.81

-12.96

-19.62

2.20

-16.13

-30.51

-24.93

38.73

5.43

12.16

-43.45

 

Cash at Period Start

59.30

101.75

89.30

61.49

48.53

28.91

31.11

14.98

-15.52

-40.46

-1.73

3.70

59.30

Cash at Period End

101.75

89.30

61.49

48.53

28.91

31.11

14.98

-15.52

-40.46

-1.73

3.70

15.86

15.86

Working Capital Fund + Special Reserve Account

40.89

40.89

40.89

40.89

40.89

40.89

40.89

40.89

40.89

40.89

40.89

40.89

40.89

 

APPENDIX I

Regular Programme US Dollar Cash Position Actual at January 2005 and Forecast to December 2005

(US$ millions - including planned arrears expenditures)

 

Actual

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

  

Regular Programme

Jan.

Febr.

March

April

May

June

July

August

Sept.

Oct.

Nov.

Dec.

Total


Section I

  

Cash Flow from Operating Activities

Receipts:

Contributions

Other Activities

4.32

2.56

0.13

0.93

0.18

3.45

4.32

0.51

3.09

1.76

5.72

3.28

30.25

Total

41.37

16.48

7.95

10.85

10.46

16.38

6.01

8.43

6.44

38.33

27.24

19.08

209.02

 
Payments:

  

Staff Cost

-4.88

-7.24

-7.98

-9.12

-8.45

-8.68

-8.61

-8.39

-8.51

-12.98

-4.77

-13.71

-103.32

Procurement and Travel HQ

-9.01

-9.01

-10.62

-12.07

-10.00

-11.36

-18.59

-14.55

-10.80

-10.91

-15.81

-14.89

-147.62

Total

-13.89

-16.25

-18.60

-21.19

-18.45

-20.04

-27.20

-22.94

-19.31

-23.89

-20.58

-28.60

-250.94

 

 

 

 

 

 

 

 

 

 

 

 

  

 

Net Cash from Operating Activities

27.48

0.23

-10.65

-10.34

-7.99

-3.66

-21.19

-14.51

-12.87

14.44

6.66

-9.52

-41.92

 
Section II

  

Bank Interest

0.08

0.05

0.07

0.05

0.03

0.03

0.03

0.03

0.04

0.05

0.05

0.10

0.61

 

Net Increase/Decrease in Cash

27.56

0.28

-10.58

-10.29

-7.96

-3.63

-21.16

-14.48

-12.83

14.49

6.71

-9.42

-41.31

 

Cash at Period Start

61.40

88.96

89.24

78.66

68.37

60.41

56.78

35.62

21.14

8.31

22.80

29.51

61.40

Cash at Period End

88.96

89.24

78.66

68.37

60.41

56.78

35.62

21.14

8.31

22.80

29.51

20.09

20.09

 

APPENDIX J

Regular Programme Euro Cash Position Actual at January 2005 and Forecast to December 2005

(Euro millions - including planned arrears expenditures)

 

Actual

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

  

Regular Programme

Jan.

Febr.

March

April

May

June

July

August

Sept.

Oct.

Nov.

Dec.

Total


Section I

  

Cash Flow from Operating Activities

Receipts:

Contributions

21.03

6.92

3.53

10.86

3.45

18.52

17.91

0.50

3.55

31.09

11.85

31.22

160.43

 
Payments:

  

Staff Cost

-7.03

-8.43

-7.65

-7.32

-7.40

-7.54

-7.61

-7.54

-7.46

-7.52

-6.95

-7.61

-90.06

Procurement and Travel HQ

-3.04

-8.22

-9.05

-5.57

-4.95

-6.52

-6.45

-5.22

-5.32

-5.03

-5.88

-7.10

-72.35

Total

-10.07

-16.65

-16.70

-12.89

-12.35

-14.06

-14.06

-12.76

-12.78

-12.55

-12.83

-14.71

-162.41

 

Net Cash from Operating Activities

10.96

-9.73

-13.17

-2.03

-8.90

4.46

3.85

-12.26

-9.23

18.54

-0.98

16.51

-1.98

 
Section II

  

Bank Interest

0.01

-0.01

-0.01

-0.01

-0.02

0.00

0.00

0.00

-0.03

0.00

0.00

0.00

-0.07

 

Net Increase/Decrease in Cash

10.97

-9.74

-13.18

-2.04

-8.92

4.46

3.85

-12.26

-9.26

18.54

-0.98

16.51

-2.05

 

Cash at Period Start

-1.58

9.39

-0.35

-13.53

-15.57

-24.49

-20.03

-16.18

-28.44

-37.70

-19.16

-20.14

-1.58

Cash at Period End

9.39

-0.35

-13.53

-15.57

-24.49

-20.03

-16.18

-28.44

-37.70

-19.16

-20.14

-3.63

-3.63

 

APPENDIX K

Trust Fund/UNDP Programmes Cash Position Actual at January 2005 and Forecast to December 2005

(US$ millions)

 

Actual

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

Planned

  

Trust Fund /UNDP Programmes

Jan.

Febr.

March

April

May

June

July

August

Sept.

Oct.

Nov.

Dec.

Total


Section I

  

Cash Flow from Operating Activities

Receipts:

Contributions

23.37

21.46

26.35

21.92

8.69

34.72

60.18

27.77

49.58

47.78

28.73

40.48

391.03

 
Payments:

  

Staff Cost

-5.08

-5.59

-5.79

-6.08

-5.75

-5.61

-5.53

-5.60

-5.77

-6.85

-5.31

-7.36

-70.32

Procurement and Travel

-10.97

-28.04

-19.62

-15.22

-15.89

-34.55

-24.06

-16.06

-20.10

-19.51

-29.57

-38.17

-271.76

Total

-16.05

-33.63

-25.41

-21.30

-21.64

-40.16

-29.59

-21.66

-25.87

-26.36

-34.88

-45.53

-342.08

 

Net Cash from Operating Activities

7.32

-12.17

0.94

0.62

-12.95

-5.44

30.59

6.11

23.71

21.42

-6.15

-5.05

48.95

 
Section II

  

Bank and Investment Interest

0.42

0.20

0.30

0.18

0.17

0.17

0.17

0.17

0.40

0.40

0.41

0.90

3.89

 

Net Increase/Decrease in Cash

7.74

-11.97

1.24

0.80

-12.78

-5.27

30.76

6.28

24.11

21.82

-5.74

-4.15

52.84

 

Cash at Period Start

418.36

426.10

414.13

415.37

416.17

403.39

398.12

428.88

435.16

459.27

481.09

475.35

418.36

Cash Period End

426.10

414.13

415.37

416.17

403.39

398.12

428.88

435.16

459.27

481.09

475.35

471.20

471.20