Decision 71/47

The Executive Committee decided:

1. To note the reconciliation of the 2012 accounts, as presented in document UNEP/OzL.Pro/ExCom/71/61;
2. UNEP to adjust its income by US $11,982 in interest accrued and US $3,675 in prior years’ savings in its next progress report;
3. To request the Treasurer:
   1. To reflect in UNIDO’s 2013 accounts as prior years’ adjustment:
      1. Income transfers made to UNIDO in 2012 related to the refund on completed projects amounting to US $104,472;
      2. Interest earned amounting to US $221,896 for the 2^nd and 3^rd quarters of 2012, as adjusted at the 68^th meeting;
      3. US $99,041 for the 4^th quarter of 2012, as adjusted at the 69^th meeting;
      4. The difference in interest income between the provisional and final accounts for 2012, amounting to US $50,951;
   2. To withhold from future transfers to UNDP an amount of US $551,278, representing the additional interest income reported by UNDP in its final financial statement but not in its provisional financial statement, and a US $12 historical difference in income, and to reflect these amounts as a prior year adjustment in UNDP’s 2013 accounts;
   3. To withhold from future transfers to the World Bank an amount of US $71,078, representing interest earned in the 4^th quarter of 2011, which had not been deducted from the 2012 approvals, as the Treasurer had made no payments to the World Bank at the 66^th and 67^th meetings owing to a large return in balances; and
   4. To note that the adjustments of US $2,880 returned twice by UNIDO against five projects, and US $810 in agency support costs returned twice by UNEP against one project, had been effected in the report on balances and availability of resources (document UNEP/OzL.Pro/ExCom/71/4) for each agency separately;
4. To note the 2012 outstanding reconciling items as follows:
   1. US $3,119 in income between UNEP’s progress report and final accounts;
   2. US $15 in income and US $1,197 in expenditure between UNIDO’s progress report and final accounts; and
   3. US $9 in income between the World Bank’s progress report and final accounts; and
5. To note the standing reconciling items as follows:
   1. UNDP for unspecified projects in the amounts of US $68,300 and US $29,054; and
   2. World Bank for the following projects implementing with other bilateral agencies where applicable:

- Thailand chiller project (THA/REF/26/INV/104) in the amount of US $1,198,946;

- Sweden bilateral (THA/HAL/29/TAS/120) in the amount of US $225,985;

- United States of America bilateral (CPR/PRO/44/INV/425) in the amount of US $5,375,000; and

- United States of America bilateral (CPR/PRO/47/INV/439) in the amount of US $5,375,000.