FC 99/5


Finance Committee

Ninety-ninth Session

Rome, 6 - 10 May 2002

Financial Outturn of the 2000-01 Biennium

Table of Contents

I. STATEMENT OF INCOME AND EXPENDITURE AND CHANGES IN RESERVES AND FUND BALANCES
  Notes

Funds

Total

  General and Related Trust and UNDP 2000-01 1998-99
INCOME   
Assessment on Member Nations 3 642,555 - 642,555 637,323
Voluntary contributions 4 26,500 600,068 626,568 473,162
Funds received under inter-organisational arrangement 5 2,595 34,220 36,815 61,770
Jointly financed activities 6 22,891 - 22,891 24,382
Services rendered   8,613 - 8,613 10,325
Miscellaneous 7 15,527 13,029 28,556 81,679
Sundry 8 (38,964) - (38,964) (12,085)
    679,717 647,317 1,327,034 1,276,556
EXPENDITURE    
Regular Programme   669,794 - 669,794 696,337
Projects   - 634,288 634,288 501,891
 

9

 669,794 634,288 1,304,082 1,198,228
EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE   9,923 13,029 22,952 78,328
Redeployment and separation costs 10 (8,360) - (8,360) (10,576)
Amortisation of after service liabilities   (14,054) - (14,054) (21,143)
Staff related schemes 18 (5,320) - (5,320) (42,841)
Provision for contributions 11 (12,286) - (12,286) (15,279)
Deferred Income 21 (13,127) - (13,127) (14,412)
NET EXCESS (SHORTFALL) OF INCOME OVER EXPENDITURE   (43,224) 13,029 (30,195) (25,923)
Transfer of Interest to Donor Accounts   - (13,029) (13,029) (16,424)
Transfers from/(to) Reserves          
Working Capital Fund 19 8,360 - 8,360 (23,700)
Special Reserve Account 20 23,046 - 23,046 (25,154)
Fund balances, beginning of period   (63,601) - (63,601) 27,600
FUND BALANCES, END OF PERIOD 22 (75,419) - (75,419) (63,601)

The accompanying notes are an integral part of the financial statements

II. STATEMENT OF ASSETS, LIABILITIES, RESERVES AND FUND BALANCES
  Notes Funds Total
   General and Related Trust and UNDP 2000-01 1998-99
ASSETS    
Cash and term deposits   60,393 277,484 337,877 290,661
Investments 12 169,536 - 169,536 163,464
Contributions receivable 13 181,014 82,653 263,667 204,307
Less: Provision for delays of contributions 11 (181,014) - (181,014) (169,163)
Accounts receivable 14 49,723 - 49,723 55,389
     279,652 360,137 639,789 544,658
LIABILITIES    
Contributions received in advance 15 131 250,194 250,325 170,857
Unliquidated Obligations 16 47,498 109,943 157,441 110,182
Accounts payable 17 48,150 - 48,150 54,352
Staff related schemes 18 165,632 - 165,632 161,366
Deferred Income 21 77,721 - 77,721 64,594
     339,132 360,137 699,269 561,351
RESERVES AND FUND BALANCES

  

Working Capital Fund 19 15,482 - 15,482 23,756
Special Reserve Account 20 457 - 457 23,152
Fund Balances, end of period 22 (75,419) - (75,419) (63,601)
     (59,480) - (59,480) (16,693)
     279,652 360,137 639,789 544,658

The accompanying notes are an integral part of the financial statements

III. STATEMENT OF CASH FLOW

CASH FLOWS FROM OPERATING ACTIVITIES 2000-01 1998-99
Net excess (shortfall) of income over expenditure (Statement I) (43,224) (42,347)
Adjustment for interest receivable (22,374) (25,829)
   (65,598) (68,176)
Increase in contributions receivable (59,360) (50,307)
Increase in provision for contributions 11,851 15,163
Decrease in accounts receivable 4,045 (19,839)
Increase in contributions received in advance 79,468 10,687
Increase in unliquidated obligations 47,259 50,795
Increase in deferred income 13,127 14,412
Decrease in accounts payable (6,202) 28,396
Increase in staff related schemes 4,266 35,930
    28,856 17,061
CASH FLOWS FROM INVESTING ACTIVITIES

   

Increase in investments (6,072) (11,296)
    (6,072) (11,296)
CASH FLOWS FROM FINANCING ACTIVITIES

  

Increase in Working Capital Fund 86 7
Increase in Special Reserve Account 351 (1,823)
Interest received 23,995 29,816
   24,432 28,000
NET INCREASE IN CASH AND CASH EQUIVALENTS 47,216 33,765
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 290,661 256,896
CASH AND CASH EQUIVALENTS AT END OF PERIOD 337,877 290,661

The accompanying notes are an integral part of the financial statements.

IV. STATUS OF REGULAR PROGRAMME APPROPRIATIONS

For the biennium ended 31 December 2001
(US$ '000)

    

Net Budget Appropriations

Other Credits

Chapter Original Budget Transfers Modified Budget Expenditure Deferred Income (note 21) Unutilised Balance Modified Budget Income Unutilised Balance
1 General Policy and Direction 50,891 - 50,891 49,013 - 1,878 2,751 2,339 412
2 Technical and Economic Programme 289,177 - 289,177 282,945 - 6,232 4,427 4,273 154
3 Development Support Programme 120,636 - 120,636 119,536 - 1,100 55,907 50,583 5,324
4 Technical Cooperation Programme 91,455 - 91,455 13,734 77,721 - - - -
5 Support Services 57,319 - 57,319 57,026 - 293 7,180 6,431 749
6 Common Services 39,922 - 39,922 37,808 - 2,114 4,868 3,636 1,232
7 Contingencies 600 - 600 457 - 143 - - -
  TOTAL EFFECTIVE BUDGET 650,000 - 650,000 560,519 77,721 11,760 75,133 67,262 7,871
8 Transfer to Tax Equalisation Fund 92,580 (92,580) - - - - - - -
  Staff Currency Variance -   - (23,994) - 23,994 - - -
    742,580 (92,580) 650,000 536,525 77,721 35,754 75,133 67,262 7,871

The accompanying notes are an integral part of the financial statements.

 

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