The three previous valuations those as at 31 December 2001, 31 December 1999 and 31 December 1997 had revealed surpluses of 2.92, 4.25 and 0.36 per cent of pensionable remuneration, respectively.

31 December 1993 31 December 1994

24. The accounts receivable in the Environment Fund increased by 27 per cent, from 9.95 million at 31 December 1995 to 12.70 million at 31 December 1997.

Therefore, the regular valuation as at 31 December 1997 showed a decrease of 1.82 per cent in the required contribution rate as at 31 December 1995 (from 25.16 per cent to 23.34 per cent), resulting in an actuarial surplus of 0.36 per cent of pensionable remuneration.

(a) The total pensionable remuneration as at 31 December 1997 stood at 3,533.26 million as against 3,585.18 million at 31 December 1995, a reduction of 1.4 per cent.

Total unliquidated cash assistance to Governments at 31 December 1997 was 111.7 million, compared with 120.7 million at 31 December 1995, showing a reduction of 9.0 million (7 per cent).

31 December 31 January 28 February 31 March

31 October 30 November 31 December 31 January

31 December

For decreased by 31 per cent read decreased to 31 per cent

For decreased by 31 per cent read decreased to 31 per cent

31 October 30 November 31 December 31 January 1997

The United States owed 79 per cent of all outstanding regular budget assessments as at 31 December 1997.

1 December 1992 31 December 1993

31 January 1996 31 December 1996 31 January 1997 31 October 1997

(on 31 December)

31 December 1996

31 December 1996

31 December 1996

31 December 1995

31 December 1997

31 December 1997

31 December 1996

31 December 1997

31 December 1976b

Geneva, 31 December 2004

At 31 December 2002.

31 December 2004 10

Friday, 31 December 2004

31 December Argentina Argentina.

31 December Confirmed representative

31 December 1997 ENGLISH

1 January 31 December

31 December 1993 Denmark

31 December 1998 Dominica

Balance, 31 December 1997

At 31 December 1995

31 December 1997 ORIGINAL ENGLISH LETTER DATED 31 DECEMBER 1997 FROM THE CHAIRMAN OF THE

31 December 1997 ORIGINAL ENGLISH LETTER DATED 31 DECEMBER 1997 FROM THE CHAIRMAN OF THE

For insured persons born after 31 December 1940 the age limit is gradually raised (anticipated pension payments reduced by 0.3 per month 3.6 per year are possible).

The policy of making an allowance of 10 per cent of non United States dollar denominated outstanding accounts receivable as at 31 December as a provision for delays in the collection thereof, is discontinued effective 31 December 2003.

(a) Arrears in assessed contributions of 473 million as at 31 December 1997 had been reduced as compared with 564 million as at 31 December 1995, but still represented nearly 19 per cent of the total assessed contributions.

The regular valuation, as at 31 December 2003, revealed a fourth consecutive surplus, amounting to 1.14 per cent of pensionable remuneration.

At 31 December a little over 86 per cent of the signatory institutions of the agreements had satisfactorily fulfilled their commitment.

As per inventory records, the purchase cost of these items at 31 December 1997 was as follows (in United States dollars)