Other adjustments to reserve and fund balance

(7) As regards reserve repo securities, it is required to make disclosure of the beginning balance, ending balance and the agreed reserve repo price at maturity of reserve repo securities at each trading place.

Reserve fund Fund balance at the end of the biennium

Transfers from surplus account Reserve balance at 31 December 1997

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

Opening balance of the reserve as at 1 January 2004 was 1.2 million.

The closing balance on the reserve at 31 December 1997 was 17.6 million.

The balance of the reserve stood at 43 million at 31 December 1996.

The reserve and fund balance at the end of the year amounted to 549,308.

A balance of 37,600 remaining in the reserve for programme support costs has been transferred back to the general purpose fund balance.

The financing of the support account included the 13,790,000 excess balance of the Peacekeeping Reserve Fund.

Under the Supplementary Fund, the operating reserve balance brought forward from 2004 amounts to US 750,512.

The unexpended balance of the reserve for transitional measures shown in statement II.1 consists of

The unutilized balance was due mainly to the availability of observation equipment from the United Nations reserve.

It therefore recommends that the reserve fund be eliminated and the unencumbered balance be returned to Member States.

UNICEF also has a reserve for third party liability, which had a balance at 31 December 1995 of 26,399.

The fund balance at the end of 2004 is being estimated at 9.21 million, comprising an operating reserve balance of 6 million and a working capital of 3.21 million.

The balance of regular resources at the end of 2004, net of reserve for after service health insurance, was 171 million.

The balance of 1,840,776 as at 31 December 2004 in the reserve represents the amount set aside during the previous biennium.

a This balance of liquid assets is additional to investments held for the operational reserve ( 154 million in 2004, 142 million in 2003).

The reserve balance of 1,109,698 at the beginning of the year was unchanged at 31 December 2004 as no payments were made during 2004.

Correspondingly the general purpose reserve of 3,446,200 has been increased by 6,040,500, plus an additional 2,013,300 out of the general purpose fund balance and 500,000 out of the programme support reserve to meet the approved consolidated level of 12,000,000.

La Reserve. Oui, oui. La Reserve.

This shortfall and an adjustment of the reserve contributed to the decline in the fund balance to 60,476,388 in 1996 1997 from 63,337,911 in 1994 1995.

Operational reserve 63.00 Reserve for field accommodation 4.00

It is anticipated that at the end of the year 2005 the working capital reserve will be US 701,000, including US 684,322 balance brought forward from 2004.

reserve

quot Operational reserve quot replaced quot financial reserve quot .

Upon the recommendation of the Advisory Committee on Administrative and Budgetary Questions, this arrangement was reviewed in 1996 and in the light of actual reserve requirements, the Commission on Narcotic Drugs, as the Programme s governing body, approved the creation instead of a consolidated reserve of 12,000,000 ( 11,500,000 from the general purpose fund balance and 500,000 from the programme support reserve).

The Board recommends that UNOPS identify and assess the impact that projects accepted prior to the implementation of the Executive Director's directive may have on its operational reserve balance.

Reserve left

Reserve Reform

Financial reserve

Strategic reserve

Nature reserve

Cash reserve

a This calculation represents the operational reserve plus balance of unexpended resources as a function of the average monthly expenditures of 70 million in 2004 and 62 million in 2003.

The fund balance of the Peacekeeping Reserve Fund as at 31 March 2005 amounted to 165.02 million, prior to the recording of investment income for the first quarter of 2005.

The United Nations Office for Project Services (UNOPS) projects that it will complete 2004 with a year end fund balance of 9.21 million, including 6 million held in the operating reserve.

East Reserve Battalion

Mission Reserve Battalion

(f) Operating reserve

East Reserve Battalion

Mission Reserve Battalion

Peacekeeping Reserve Fund