(e) Gross proceeds from card and gift sales of 188.0 million

In card and gift sales, for 2006, sales volume is projected at 118 million cards and gross proceeds are projected at 161.0 million.

This is an increase of 4 million cards in sales volume and 6.6 million in gross proceeds over the 2005 latest estimates.

Speakers expressed satisfaction over the increase in gross proceeds from sales of cards and products and asked if this was due mainly to growth in sales volume or price increases.

The Director a.i. responded that the increase in gross proceeds from sales was due to a combination of sales volume growth in both cards and gifts as well as higher prices.

Gross proceeds from the sale of cards and products are recorded in foreign currency and accrued on the basis of the provisional sales reports received from the sales partners at year end.

(c) Gross proceeds from product sales of 161.0 million (4.3 per cent higher than the 2005 latest estimates) with a card sales volume of 118 million cards (3.5 per cent higher than the 2005 latest estimates).

(c) Gross proceeds from card and gift sales of 12.3 million (13.9 per cent higher than the 2005 latest estimates) with a card sales volume of 13.1 million cards (11.0 per cent higher than the 2005 latest estimates)

a Includes estimated planning levels and estimated proceeds from card sales.

d Programme budget for regular resources includes proceeds from cards sales.

21. The administration should establish a more frequent interval for the transfer of sales proceeds to UNICEF by the National Committees to improve the recovery rates of sales proceeds.

(d) The Administration should establish a more frequent interval for the transfer of sales proceeds to UNICEF by the National Committees to improve the recovery rates of sales proceeds.

(h) The Administration should establish a more frequent interval for the transfer of sales proceeds to UNICEF by the National Committees to improve the recovery rates of sales proceeds (para. 87)

Gross proceeds are recorded in local currency based on current year deliveries.

Revolving fund for sales publications Estimates of gross and net revenue

In January 1997, the escrow account started receiving funds from proceeds of Iraqi oil sales.

The proceeds from sales in the amount of 339,735 were credited to the Special Account for ONUMOZ.

And some of these industries may seem sort of marginal to you, but these are the gross sales for low I.P. industries, industries with very little copyright protection, and there's the gross sales of films and books.

The proceeds from those sales were invested in equities and bonds in various developing countries as opportunities became available.

Well, one may have been gross sales, one may have been net sales, but I want to know that all the numbers make sense together.

(b) Overdelivery of promotional materials above the authorized limit of 4 per cent of gross sales.

IS3.28 The relatively strong sales during the biennium 2004 2005 of dollar priced publications in the European market has led to projected gross sales approaching 2000 2001 levels.

(i) One half of the gross income from the sales of publications is reported under revenue producing activities.

In 1996, the number of sheep was 638,116 and the gross volume of raw wool sales totalled 3,504,252.

This translates, from the year 2006, to an average annual growth of 4 percent in gross proceeds and net operating income.

Gross proceeds from card and gift sales for 2006 are projected to range from a low of 158.0 million to a high of 164.0 million (see table 7). The medium projection is 161.0 million, an increase of 6.6 million (4.3 per cent) over the 2005 latest estimates.

The goal is to generate 59.6 million net operating income by 2009, with 181 million gross proceeds and 129 million cards sold.

In accordance with Security Council resolution 986 (1995), an escrow account has been established into which the proceeds from sales of Iraqi oil are deposited.

By its resolution 986 (1995), the Security Council approved the allocation of 30 per cent of the proceeds from sales of Iraqi oil to the Compensation Commission.

Gross revenue from the sale of UNIDO publications was 75,455, one half of which ( 37,727) was transferred to the sales publications revolving fund.

The estimated amount of revenue for the United Nations reflects the anticipated level of gross sales to be generated by the gift shop.

IUS is financed by membership fees, sales of International Student Identity Cards, funding of projects and activities from intergovernmental and other non governmental funding organizations, sales of IUS publications and materials, proceeds from the International Students Travel Bureau and International Students Foundation, Limited.

The channelling of some part of mineral revenue into other sectors is particularly important, since mineral resources are exhaustible and proceeds from mineral sales will not continue indefinitely.

Also, the Administration should enforce the interest payment provision on late transfer of sales proceeds to the greeting card and related operations as enshrined in the recognition agreements.

The gift shop at Headquarters is operated by a contractor who is required to provide the United Nations with a percentage of gross sales.

The claim that paraquat constitutes 80 per cent of herbicide sales in Malaysia is a gross overestimation, the correct estimate presently being only 20 per cent.

Moreover, the traditional international financing mechanisms, based either on a company s track record or on the proceeds of its sales to known buyers, are difficult to use for non traditional exports.

In paragraph 99 of its report, the Board recommended that UNICEF (a) further analyse the differences between planned and actual retention rates and (b) enforce financial rule 9.04, according to which the sales agents may be authorized to retain up to a maximum of 25 per cent of their gross proceeds from the sale of its greeting cards and products.

The Board is however concerned about the present system whereby the National Committees transfer sales proceeds to the greeting card and related operations only six months after the end of their fiscal year.

For example, 16 field offices incurred office expenses ranging between 28 and 76 per cent of gross proceeds above the approved limit of 25 per cent resulting in overexpenditure totalling 1.8 million

However, more than 230,000 in net sales proceeds had not been accounted for or turned over by the company contracted by the Foundation to distribute the book, Visions Fifty Years of the United Nations .

Special rules on proceeds

Security rights in proceeds

88. The Administration indicated that it would intensify its efforts to collect the outstanding accounts receivable and draw the attention of the National Committees to the interest provision on the late transfer of sales proceeds.

Gross proceeds generated by UNICEF country offices from PSD activities in 2005 are projected at 35.3 million (see table 5), with costs estimated at 15.4 million, resulting in a net operating income of 19.9 million.