Any surplus would be classified as miscellaneous income.

97 21. UNOPS Risk management, reserves and surplus income

DECISIONS ADOPTED Number Page 97 21 UNOPS Risk management, reserves and surplus income . 28

Miscellaneous income includes income from sale of used or surplus property, refunds of expenditures charged to prior periods, settlement of insurance claims, and other sundry income.

14. Miscellaneous income includes income from sale of used or surplus property, refunds of expenditures charged to prior periods, settlement of insurance claims, and other sundry income.

The surplus thus created is then dumped on world markets at prices that significantly reduce the income of the traditional exporting countries.

The expected surplus of income over expenditure at the end of the biennium is projected at 1,674,735.

Adopted decision 97 21 of 18 September 1997 on United Nations Office for Project Services risk management, reserves and surplus income (DP 1997 26)

(vi) Proceeds from the sale of surplus property are credited to the miscellaneous income of the respective funds.

Refunds of expenditures charged to prior financial periods, net gains on exchange and proceeds from the sale of surplus property, are credited to miscellaneous income.

The latter category includes income from sales publications, interest earned on surplus funds and other sundry items for which details are provided in a separate section.

China breaks Crowther s mold. Given that it has been running an investment income deficit, a trade surplus, and current account surplus, it seems that it should be classified as a debtor repayer.

(v) The proceeds from the sale of surplus property are credited to the miscellaneous income of the respective funds.

There remained a cumulative surplus for the period of 114,816, which represented just 1 per cent of the available income.

In addition to the sale of equipment, there was income of 6,985,000 for the sale of surplus supplies to IFOR.

(l) The trust fund statements reflect the clean surplus theory by processing adjustments through the current income and expenditure accounts.

In 1996 1997, income for the year was NZ 784,257 and expenditures NZ 781,688, leaving a surplus of NZ 2,569.

(vii) Miscellaneous income includes sale of used or surplus property, refunds of expenditures charged to prior periods, income resulting from net gains in currency transactions, monies accepted for which no purpose was specified and other sundry income

Included under this heading is the estimated income to be derived from the sale of obsolete or surplus equipment and stores.

Both of these rely on cognitive surplus.

Included under this heading is the estimated income to be derived from the sale of obsolete or surplus equipment and stores ( 15,000).

(vii) Miscellaneous income includes income from rental of premises, sale of used or surplus property, refunds of expenditures charged to prior periods, income resulting from net gains resulting from currency translations, settlements of insurance claims, monies accepted for which no purpose was specified and other sundry income

(viii) Miscellaneous income includes income from rental of premises, sale of used or surplus property, refunds of expenditures charged to prior periods, income resulting from net gains resulting from currency translations, settlements of insurance claims, monies accepted for which no purpose was specified and other sundry income

(xi) Miscellaneous income includes income from rental of premises, sale of used or surplus property, refunds of expenditures charged to prior periods, income resulting from net gains resulting from currency translations, settlements of insurance claims, monies accepted for which no purpose was specified and other sundry income.

The second fact is that Japan, South Korea, and Taiwan all relatively high income economies have a large trade surplus with China. Germany has relatively balanced trade with China, even recording a modest bilateral surplus in the post crisis period.

Without fundamental changes in its economic growth pattern, it is difficult to imagine how China can become an immature creditor lender and a mature creditor lender. A more likely scenario is that China will continue to have a trade surplus (though much smaller) and an investment income deficit, mirrored by America s trade deficit and investment income surplus.

Refunds of expenditures charged to prior financial periods, net gains on exchange, moneys accepted for which no purpose is specified and proceeds from the sale of surplus property, are credited to miscellaneous income.

(h) Surplus

Surplus extraction.

Deficit (surplus)

Cumulative surplus

In the formulation of agricultural price policies a balance should be struck between food self sufficiency, surplus extraction and price incentives and income security for producers.

The 32 million proposed for transfer consists of an estimated 16 million in cumulative investment income plus an additional 16 million of the cumulative surplus from contributions.

As a result, expenditure exceeded income for the general purpose fund to the amount of 6,587,331, whereas for special purpose funds a surplus of 5,528,079 was recorded.

Share of surplus

Difference (surplus deficit)

And when they produce their crops, they sell the surplus on marketplaces.

Report on income

China s Shrinking Trade Surplus

Provided from surplus stock

Provided from surplus stock

Provided through surplus stock

Surplus (deficit) for period

Unallocated surplus (statement XXI)

Valuation results surplus (deficit)