Working capital reserve

Working Capital Reserve

C. Working capital reserve

Over the last two years, the Agency has built up a working capital reserve equal to one month's operational requirements.

C. Working capital reserve 17 19 8

A working capital reserve level of 8.3 per cent.

The asset losses checked in the reorganization of the enterprise shall, upon approval, be offset with the undistributed profits, surplus reserve, capital reserve and paid in capital in turn.

(c) Section Chapter IV presents the status of the working capital reserve

1 This balance includes working capital reserve brought forward from 2002 2003.

17. Determines that the working capital reserve maintained within the General Fund shall be set at a level of 8.3 percent (one month of operating requirements) of the core budget.

Programme support costs (overhead charge) and working capital reserve In accordance with the financial procedures (decision 15 CP.1), the Convention budget is required to provide for 13 per cent of the programme expenditures as overhead charge, and to maintain a working capital reserve of 8.3 per cent of the Convention budget (one month of operating requirements).

Statement VII. Working capital (operating reserve) for the biennium ended 31 December 1997

Article 17 In case capital actually paid by the investors exceeds the registered capital (including stock premiums), an enterprise shall manage the surplus as capital reserve.

The contingency for conference services would amount to USD 6.6 million for interpretation, documentation and meetings services support requirements, making a total of USD 7.8 million including programme support costs and working capital reserve.

Drawdowns from the working capital reserve shall be restored from contributions as soon as possible.

The COP will, therefore, need to decide on the level of the working capital reserve.

In the case of Bolivia, which seeks to encourage new microfinancial institutions, it is reported that the Government has begun licensing a new class of intermediaries, known as private financial funds, subject to the same solvency and reserve requirements as banks, but with lower minimal capital requirements.

The working capital reserve currently amounts to 699,000 and, to date, no drawdowns have been necessary.

Drawdowns from the working capital reserve shall be restored from contributions as soon as possible. quot

Expenditure and delivery 10 35 4 C. The working capital reserve 36 37 10 GE.97 64606

No working capital requirements have been included in this budget submission to leave room for other priority expenditure requirements.

Total resources requirements for the biennium 2006 2007, including programme support costs and working capital reserve, but excluding possible conference servicing costs, are estimated at US 23,624,000 (EUR 18,185,000) (US 11,740,000 for 2004 and US 11,884,000 for 2005).

Decides to maintain the level of the working capital reserve at 8.3 per cent of the estimated expenditure

When reviewing current experience, particular attention was to be given to the requirements for an operational reserve.

It is anticipated that at the end of 2005 the required working capital reserve will be approximately US 868,000.

7. Decides to maintain the level of the working capital reserve at 8.3 per cent of the estimated expenditure

At such time as may be necessary, additional authorized appropriations will be made to replenish the capital asset reserve.

(1) where the fund is directly invested or injected by the state, the national capital or state owned capital reserve shall be increased under the related provisions of the state.

In the review of current experience, particular attention was to be given to the requirements for an operational reserve.

22. Approves the establishment of a working capital reserve of 45 million dollars under the capital master plan account, to be operated under the terms of financial regulations 3.5, 4.2 and 4.3

The draft financial rules (A C.5 46 23, annex) detailed the reserve requirements in rule 8.2 and rule 8.3.

Combined with efforts to maintain a competitive exchange rate, this has led to considerable reserve accumulation, but also a concomitant capital outflow.

In the last month alone, Australia, India, Mexico, and others have cut interest rates. China has reduced reserve requirements on banks.

The Force Commander's reserve capacity has been limited as all the deployed contingents are committed to meeting operational requirements throughout Haiti.

Additional requirements of 20,300 resulted from the higher number of vehicles insured during the reporting period, including those on reserve status.

Upon request, the Committee was informed that rather than linking the level of the reserve to a percentage of total budget or income, UNDCP apos s reserve requirements were calculated on the basis of the financial implications of eventualities which the reserve is expected to cover.

Another would be to increase financial institutions capital requirements. But these steps must be taken in tandem, because firms and creditors will try to circumvent capital requirements if they see attractive alternative sources of funds like rule exempt repo financing.

1 The amount required to bring the working capital reserve up to 8.3 per cent of the total annual programmes cost plus overhead.

The purpose of the working capital reserve shall be to ensure continuity of operations in the event of a temporary shortfall of cash.

Capital requirements are generally lower, but production is dependent on a combination of technical and creative skills.

The purpose of the working capital reserve shall be to ensure the continuity of operations in the event of a temporary shortfall of cash.

La Reserve. Oui, oui. La Reserve.

If the additional resource requirements were not approved in the near future, it would be necessary to borrow from the Peacekeeping Reserve Fund.

Some countries responded by doing nothing, but many, including industrialized countries like Japan and Switzerland, intervened heavily in currency markets. Some resorted to capital account regulations on inflows, such as taxes on the foreign purchases of bonds, equities, and derivatives, reserve requirements on short term inflows, and so forth.

In case the net asset value after the combination is more than the registered capital, the exceeding part shall be dealt with as capital reserve in case the net asset value is lower than the registered capital, alteration shall be made to the registered capital or the investors shall contribute to make up the insufficient part.