Decision 73/66

73rd Meeting of the Executive Committee
November 2014
Final accounts

The Executive Committee decided:

  1. To note:
    1. The final financial statements of the Multilateral Fund as at 31 December 2013 contained in documents UNEP/OzL.Pro/ExCom/73/55 and UNEP/OzL.Pro/ExCom/73/55/Corr.1;
    2. That UNEP had received the report of the United Nations Board of Auditors for the biennium ending 31 December 2013 and that there were no major issues of relevance to the Multilateral Fund;
    3. That the report of the Treasurer (UNEP/OzL.Pro/ExCom/73/57), produced pursuant to decision 72/42(b)(ii) and (iii), contained the information requested on the issue of funds transfers from the Treasurer to the implementing agencies and on the UNEP-wide standard on cash advances and the 20 per cent disbursement threshold for tranches of HCFC phase-out management plans, and clearly showed the relationship between the two issues, and also contained further information on the criteria used for the placement of funds to ensure risk reduction and the maximization of interest accrual; and
  2. To request the Treasurer to record in the 2014 accounts of the Multilateral Fund the differences between the implementing agencies’ provisional 2013 financial accounts and final 2013 accounts as reflected in Tables 1 and 2 of documents UNEP/OzL.Pro/ExCom/73/55 and Corr.1.