Total assets transferred

UNSMA Total assets transferred Annex III

C. Assets transferred to United Nations agencies or programmes

These assets were transferred mainly during early 1996, but it was not until October 1996 that UNPF was able to inform the new missions of those assets transferred to them.

United Nations Office at Geneva H. Property transferred to the United Nations Special Mission to Afghanistan and total assets transferred

In Bolivia, pilot agro industrial enterprises and other assets were transferred to the beneficiaries.

For example, in respect of general stores, assets transferred were valued at 5.3 million whereas acknowledgements were received in an amount of 7.8 million, some 2.5 million in excess of the assets recorded as transferred.

23 Transfer of Financial Assets

23 Transfer of Financial Assets.

Financial and economic assets freeze

Chapter II Classification of Financial Assets and Financial Liabilities

Article 9The financial assets or liabilities meeting any of the following requirements shall be classified as transactional financial assets or financial liabilities

Article 56The financial assets refers to the following assets of an enterprise

(4)financial assets available for sale.

Chapter VI Impairment of Financial Assets

Freezing of economic and financial assets

The value of ONUSAL assets transferred to MINUSAL in that report was estimated at about 432,200.3

No such funds, financial assets or economic assets have been frozen or unfrozen.

Article 18The sellable financial assets refers to the non derivative financial assets which are designated as sellable when they are initially recognized as well as the financial assets other than those as described below

Chapter VIII Definition of Financial Assets, Financial Liabilities and Equity Instruments

III. Assets transferred to United Nations agencies and programmes and to the Somali police and justice programme

(a) Financial and human resources, including existence of assets

(4) As regards tradable financial assets, it is required to separately list the beginning of period and end of period fair value of tradable bond investment, tradable equity instrument investment, financial assets which are specified to be measured on fair value and whose fluctuations are included in the current profits and losses, derivative financial assets and other tradable financial assets.

The Administration was therefore not in a position to provide assurance that assets transferred had actually been received at the destinations.

Most U.S. families had both financial assets and real estate assets. At that time, almost all household assets of the low income families were real estates, while the majority assets of the top 20 high income families were financial assets. As a result, poorer people in the United States have higher debt ratio.

After the related assets purchased from the specified parties have been transferred to the listed company, the independent financial consultants and law firms retained by the listed company shall verify the transfer of the ownership of the assets and the compliance and risks of related follow up matters, and shall give explicit opinions.

Where an enterprise transfers any of its assets used for repaying its financial liabilities into any institution or to establish a trust, and the prevailing obligations to repay the liabilities remain to exist, it shall not terminate the recognition of the said financial liability and the transferred asset.

The exact number of assets to be transferred to UNOTIL and their corresponding inventory value will be known in early July 2005.

(1)The term for holding the financial assets is not definite

Identification of beneficial owners of accounts, corporate bodies and other financial assets

The financial report and accounts reflect UNICEF income, expenditure, assets and liabilities, including the net operating income, assets and liabilities of PSD.

The financial assets which have suffered from an impairment loss in any single amount shall not be included in any combination of financial assets with similar risk features for any impairment test.

Article 30The financial assets and financial liabilities initially recognized by an enterprise shall be measured at their fair values.

Measures under the Law on Measures against the Financing of Terrorism (LMFT) include freezing of funds and other financial assets or economic resources, and ban on the access to financial services, funds and other financial assets or economic resources available.

No financial assets belonging to the listed individuals and entities have been reported.

In addition, none of them have financial or fixed assets in the country.

At the same time, there was a need to trace and recover assets looted through corrupt practices and transferred abroad, which required effective international cooperation.

(1)the financial assets which are measured at their fair values and the variation of which is recorded into the profits and losses of the current period, including transactional financial assets and the financial assets which are measured at their fair values and of which the variation is included in the current profits and losses

Funds transferred to implementing partners ( 330 million in 2004) were directly recorded as expenditure in the financial statements.

Funds transferred to implementing partners ( 330 million in 2004) were directly recorded as expenditure in the financial statements.

New and additional financial resources and appropriate technology must be transferred to the developing countries on preferential terms.

UNOPS received a disclaimer on its 2002 2003 financial statements for failing to properly tag and inventory its fixed assets or non expendable assets.

Article 39For the financial assets and financial liabilities measured at the post amortization costs, the profits and losses that arise when such financial assets or financial liabilities are terminated from recognition, or are impaired or amortized, shall be recorded into the profits and losses of the current period.

B. Assets transferred to other peacekeeping operations, to the United Nations Logistics Base at Brindisi, Italy, or to activities financed under the United Nations regular budget

The difference of 1.4 million, which is under investigation, pertains to assets transferred to UNAMIR, UNAVEM, the United Nations Logistics Base at Brindisi, Italy, and UNMIH.