Statistical data on investigations, prosecutions and convictions related to money laundering and on proceeds seized or confiscated as a result of legal action, 1998 2000, 2000 2002 and 2002 2004

(33) As regards investment yield, it is required to make disclosure of investment yield in current year and that in last year by securities category (like government securities and funds, etc.).

The total returns for each of the past four years are shown below

(Signed) Vinci N. Clodumar Ambassador Permanent Representative

With a view to supporting the prompt return of illicitly acquired assets, the Proceeds of Crime Act of 2002 provided a scheme to trace, restrain and confiscate the proceeds of crime.

Yield

At the same time, it is also imperative to see that having experienced the big bull market of bonds for two years, the yield rate of the fixed income market this year is hard to reach the level two years ago and the fluctuation range will increase at the same time. So on the whole, yield curve takes on a flat feature.

Over the past 20 years, the first component of the benchmark, the Morgan Stanley Capital International World Index, had achieved a total annualized return of 14.6 per cent compared to 14.1 per cent achieved by the Fund apos s total equities. The second component, the Salomon Brothers World Government Bond Index, had achieved a total annualized return of 9.9 per cent compared to a total annualized return of 10.9 per cent achieved by the Fund apos s bond portfolio.

The cumulative annualized total rate of return over the 38 year period for which data are available was 9 per cent, representing a yearly quot real quot rate of return of 3.8 per cent after adjustment by the United States consumer price index.

(a) The assignor has received the proceeds under instructions from the assignee to hold the proceeds for the benefit of the assignee and

Family earnings

Total Profits

The cumulative annualized total rate of return over the 38 year period for which data are available was 9 per cent, or a real rate of return of 3.8 per cent, after adjustment by the United States consumer price index.

These represented the fifteenth and sixteenth consecutive years in which the Fund had achieved positive returns.

During the two year period, bond yields fell in most major markets and the Fund apos s total bond portfolio had a return of 3.6 per cent for the year ended 31 March 1997 and 7 per cent for the year ended 31 March 1998.

The Fund apos s real estate investments outperformed both bonds and cash during the biennium, with a total return of 8.6 per cent for the year ending 31 March 1997 and 18.9 per cent for the year ended 31 March 1998.

Net gain on exchange

The budgets do not indicate actual revenues received, which have generally turned out to be far less.

a Comprises interest income, exchange gain and loss, miscellaneous income, prior year adjustments and transfer between projects.

If they are for 10 years, plant a tree. If your projects are for 100 years, then educate the people. That is because if you plant seeds, you will get one crop. If you plant a tree, you will get 10.

In addition, the 1988 Convention requires parties to enact legislation that allows them to confiscate the proceeds and instrumentalities of drug trafficking offences and to cooperate with one another in the identification, seizing, freezing and confiscation of such proceeds and instrumentalities.

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

(a) The proceeds of serious offences, or assets of a value equivalent to that of such proceeds

NEW HAVEN The prices of long term government bonds have been running very high in recent years (that is, their yields have been very low). In the United States, the 30 year Treasury bond yield reached a record low (since the Federal Reserve series began in 1972) of 2.25 on January 30.

Special rules on proceeds

Proceeds derived from the offence

(ii) Control of the proceeds of crime

In the 2006 2007 budget, expected revenue 2.5 trillion shillings.

In 2004, 3 per cent ( 22.0 million) of proceeds came from major gifts given by private individuals.

In 2004, pledge donations generated 162.0 million, or 25 per cent of fund raising proceeds, and are projected to increase by more than 40 per cent, becoming 30 per cent of the total income by 2009.

In the case of assignment of proceeds, as contrasted with transfer, the right to demand payment remains with the original beneficiary, the assignee being given only the right to receive the proceeds of payment, if such payment occurs.

As to the definition of proceeds , language was suggested along the following lines Proceeds includes whatever is received upon the collection or disposition of the receivables or of the proceeds. With regard to the issue of the transfer of rights in proceeds, it was suggested that paragraph (3) should be replaced by wording along the following lines An assignment of receivables also assigns the assignor s rights to their proceeds .

The Fund apos s exposure to United States equities contributed more to the total return than did any other asset class held by the Fund, having provided total returns of 18.9 per cent and 45.5 per cent, respectively, for the years ending 31 March 1997 and 31 March 1998.

(i) Identification, freezing, seizure and confiscation of the proceeds of crime

Chapter VI Income Distribution

Security rights in proceeds

The revenue accrued by the groups controlling this production is many millions of United States dollars per year.

Free trade in textiles could generate income gains in developing countries of 24 billion a year, export revenue gains of 40 billion and 27 million jobs.

The gain of 6.9 million consists of a net realized gain of 6.2 million from contributions, a net unrealized loss of 4.5 million from the revaluation of cash, contributions receivable, accounts receivable and accounts payable during and at the end of the year, and a realized gain of 5.2 million from transactions that were settled during the year in accordance with the operational rates of exchange in effect at the date of the transaction.

The total turnover of Norwegian space related products and services rose by 16 percent between 1993 and 1994.

The total investment returns for the year ended 31 March 1997 and 31 March 1998 were 8.9 per cent and 20.4 per cent, respectively.

Gains arising from the revaluation of non euro cash and bank amounts are treated as realized

Low and middle income families will benefit from a notable increase in disposable income.

Contributions and miscellaneous income (including currency exchange gains) received in the course of the year amounted to US 805.2 million for the Annual Programme Budget plus US 10 million for Junior Professional Officers (JPO).

20. As a policy, successive budgets have increased a variety of taxes and fees for government services a capital gains tax on property sales by non Bermudians was introduced in 1995.