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

b Represents gain on exchange from revaluation of accounts payable expressed in local currency.

c Represents gain on exchange from revaluation of accounts payable expressed in local currency.

Military expenditure in local currency billion won

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Seventeen donor countries and EU increased their contributions in 2003.7 Of the countries that registered increases in funding levels, three countries had actually decreased their contributions in terms of their local currency, but showed an increase in terms of the United States dollar.

The total pensionable remuneration of General Service staff was 7.5 per cent lower than at the end of 1995, mainly owing to the strengthening of the United States dollar against other currencies (the salaries of such staff are set in local currencies and their pensionable remuneration is the dollar equivalent of their gross pensionable salary).

(iv) In the case of staff members whose salary scales are established in currencies other than United States dollars, the relevant amounts to which the assessment applies shall be fixed at the local currency equivalent of the above mentioned dollar amounts at the time the salary scales of the staff member concerned are approved

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(Local currencies)

National currency and unit of measure pesos

The exchange rate explains part, but not all, of the increase, since 13 countries actually increased contributions in local currency.

National currency and unit of measure 100 som

National currency and unit of measure 1,000 leva

National currency and unit of measure 1,000 kuna

National currency and unit of measure 10,000 kroons

National currency and unit of measure 1,000,000 baht

National currency and unit of measure 100,000 pounds sterling

The United Nations operational rates of exchange are the basis for establishing the equivalent in United States dollars of other currencies.

National currency and unit of measure 1,000 reais

National currency and unit of measure 1,000,000 Czech crowns

National currency and unit of measure 10,000,000 Italian lire

National currency and unit of measure 100,000,000 yen

National currency and unit of measure 1,000 litas

National currency and unit of measure Maltese liri

National currency and unit of measure 1,000,000 roubles

National currency and unit of measure 1,000,000 United States dollars

Amount in US

Based on 1 per cent of local staff salaries.

National currency and unit of measure 100,000 French francs

National currency and unit of measure 100,000 deutsche mark

National currency and unit of measure 1,000 New Zealand dollars

National currency and unit of measure 1,000,000 pesetas

National currency and unit of measure 100,000 Swiss francs

Accounts maintained in other currencies are translated into United States dollars at the time of the transaction at rates of exchange established by the Controller.

National currency and unit of measure 100,000 Australian dollars

National currency and unit of measure 10,000 Belgian francs

National currency and unit of measure 1,000,000 Finnish markkaa

National currency and unit of measure 100,000 Polish zlotys

7 Note should be made of the currency fluctuations in the course of 2003 that may have played a role in the increase in terms of the United States dollar.

Inflation rates of local currencies were considerably higher compared with initial estimates.

3. Takes note of the updated list of hard currency duty stations for which the allowances are specified in local currency, as contained in annex VIII to the report of the Commission Official Records of the General Assembly, Fifty fifth Session, Supplement No. 30 (A 55 30).

The proposed 2006 2007 programme and budget of the secretariat represents an increase of 20.25 per cent in United States dollars and 16.80 per cent in Euros as compared to the 2004 2005 budget re stated to estimated 2004 2005 costs (at the actual rates currently being incurred), taking into account the impacts of fluctuations in currency exchange rates, inflation and salary adjustments.

With regard to currency, as the budget is expressed in United States dollars, the movement of currencies in relation to the dollar could have a sizeable impact on expenditures in other currencies.

(c) TRANSITION TO A SINGLE CURRENCY SYSTEM (IDB.29 1 Add.1)