Decision 84/5

The Executive Committee decided:

1. To note the reconciliation of the 2018 accounts contained in document UNEP/OzL.Pro/ExCom/84/7;
2. To request the Treasurer to deduct from future transfers:
   1. To UNDP, US $827,039, on account of income from interest reported in its 2018 final accounts that had yet to be offset against new approvals;
   2. To UNEP, US $616,416, on account of income from interest earned in 2018, US $449,123, on account of income from interest earned in prior years, and US $28,906, on account of income from exchange-rate gain reported in its 2018 final accounts that had yet to be offset against new approvals;
   3. To the World Bank, US $441,943, on account of income from investment reported in its 2018 final accounts that had yet to be offset against new approvals;
3. To request UNDP:
   1. To make an adjustment of US $33 in its 2019 progress report, representing rounding differences related to agency support costs;
   2. To reflect in its 2019 accounts, US $246,281, representing a bilateral expenditure misreported in its 2018 final accounts;
4. To request UNEP to make adjustments, in its 2019 progress report, of US $317,438 and US $83,383, representing the difference in projected and actual agency support costs in the 2017 and 2018 final accounts, respectively;
5. To request UNIDO:
   1. To make an adjustment of US $109,825 in its 2019 progress report, representing income recorded in its 2018 accounts and balances returned only in 2019;
   2. To reflect, in its 2019 accounts, US $2,083,871 in income that had been recorded in 2018 and US $88,547, representing interest from the HCFC phase-out management plan for China that had been offset in 2018 but not reflected in its 2018 accounts;
6. To request the World Bank, in its 2019 progress report, to make adjustments of US $4,813, representing funds returned from income from an investment project (CPR/PHA/73/INV/551), and US $1,102,100, representing funds approved at the 80^th and 81^st meetings;
7. To note that the following 2018 outstanding reconciling items would be updated prior to the 86^th meeting by the relevant implementing agencies:
   1. Differences of US $11,093 in income and US $65,856 in expenditures, between the progress report and final accounts of UNIDO;
   2. Differences of US $120,198 in income, between the progress report and final accounts of the World Bank;
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 implemented 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/44/INV/425), in the amount of US $5,375,000;
      4. 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
      5. The Thailand chiller project (THA/REF/26/INV/104), in the amount of US $1,198,946.