Decision 82/5

The Executive Committee decided:

1. To note the reconciliation of the 2017 accounts contained in document UNEP/OzL.Pro/ExCom/82/7;
2. To request the Treasurer to deduct from future transfers:
   1. To UNDP, US $634,258, on account of income from interest reported in its 2017 final accounts that had yet to be offset against new approvals;
   2. To the World Bank, US $122,167, on account of income from investment reported in its 2017 final accounts that had yet to be offset against new approvals;
3. To request UNDP to make an adjustment of US $410,975 in its 2018 progress report, representing interest from the HCFC phase-out management plan (HPMP) for China, adjusted in the income of UNDP but not reflected in its 2017 progress report;
4. To request UNIDO:
   1. To make an adjustment of US $38,693 in its 2018 progress report, representing income recorded in its 2017 accounts and returned in 2018;
   2. To reflect in its 2018 accounts, US $2,069,358 in income that had been recorded in 2017; and US $61,894, representing interest from the HPMP for China that had been offset in 2017 but not reflected in its 2017 accounts;
5. To request the World Bank to make an adjustment of US $4,813 in its 2018 progress report, representing funds returned from income from investment in relation to a project (CPR/PHA/73/INV/551);
6. To note that the following 2017 outstanding reconciling items would be updated prior to the 84^th meeting by relevant implementing agencies:
   1. Differences of US $6,117 in income and US $60,213 in expenditure between the progress report and final accounts of UNIDO;
   2. Differences of US $135,299 in income between the progress report and final accounts of the World Bank;
7. To request UNEP to submit a revised 2017 progress report at the 83^rd meeting with a view to completing the 2017 reconciliation of accounts exercise, noting the following outstanding reconciliation items:
   1. Differences of US $7,357 in income between the progress report and final accounts of UNEP;
   2. Differences of US $15,528,515 in expenditures between the progress report and final accounts of UNEP; and
8. To note the standing reconciling items as follows:
   1. For UNDP, for unspecified projects, in the amounts of US $68,300 and US $29,054;
   2. For the World Bank, for the following projects implementing with other bilateral agencies where applicable:
      1. Bilateral cooperation of the Government of Japan (THA/PHA/68/TAS/158), in the amount of US $342,350;
      2. Bilateral cooperation of the Government of Sweden (THA/HAL/29/TAS/120), in the amount of US $225,985;
      3. Bilateral cooperation of the Government of the United States of America (CPR/PRO/47/INV/439), in the amount of US $5,375,000; and
      4. The Thailand chiller project (THA/REF/26/INV/104), in the amount of US $1,198,946.