The Board considers that interest income should be allocated based on cash balances available for investment in each fund as exhibited in the statement of cash flows.

The decreased inflows were the result of slightly lower interest income owing to a gradual reduction in cash and term deposits as well as the repayment of the inter fund balance with the United Nations general fund.

Owing to the nature of programme implementation and UNICEF cash flows, there may occur, from time to time, short term imbalances between general resources cash disbursements and cash receipts.

(1)Where the contractual rights for collecting the cash flow of the said financial asset are terminated or

And instead of an outflow, you are now getting a net inflow.

It is further divided into cash and in kind portions. The cash budget is funded through cash contributions recorded as income to the General Fund (GF).

(a) An official receipt shall be issued as soon as practicable for all cash and negotiable instruments received.

Income is currently accounted for on a cash basis.

Table 1. Aggregate net long term resource flows to low and middle income countries (USD Billions)

Note 3. All funds summaries income and expenditure and changes in reserves and fund balances (statement I) assets, liabilities, reserves and fund balances (statement II) cash flow (statement III)

Accordingly income derived from special account is not included in the determination of UNICEF net results from operations and therefore should not be considered as input for cash flows from operating activities.

Annexes I. Table 1. Aggregate net long term resource flows to

These costs are more than offset by interest income earned on cash balances, which are budgeted under income section 2, General income.

Those relations support the enterprise by allocating finance based on a company's long run prospects for sales revenues rather than on short run cash flow problems.

Similarly, of the total 3,246 cash receipt vouchers issued, some 2,128 pertained to peacekeeping operations, representing 65.6 per cent of all the cash receipt vouchers issued.

UNICEF internal liquidity guidelines recommend a year end regular resources convertible cash balance equal to at least 10 per cent of projected regular resources income for the following year.

In cash management, there were opportunities for increasing the interest income.

Article 49After an impairment of a financial asset, the interest incomes shall be recognized at the interest rate which is used as the capitalization rate in the capitalization of the future cash flow when the impairment related losses are determined.

Income for a financial period is defined as money or money equivalent received or accrued during the financial period which increases existing net assets.

Where there is a very small gap between the predicted future cash flow of a short term account receivable item and the current value thereof, the predicted future cash flow is not required to be capitalized when determining the relevant impairment related losses.

(b) The pension based on minimum earnings is maintained.

All realized losses and net unrealized losses on short term investments in the cash pool are offset against investment income.

Gains arising from the revaluation of non dollar cash and bank amounts are treated as realized, with the exception of euro cash and bank deposits where such gains are also set aside in accounts payable, pending utilization in the restoration of purchasing power to projects with euro expenditures.

The increase in cash balances in 2004 resulted largely from the growth in income and the late year receipt of funds.

Planned cash expenditure for 2005 in the regular programme was 386 million, against an expected cash income of 359 million.

Income on deposits Estimates for income on deposits are based on anticipated interest earnings on cash balances in the General Fund, Working Capital Fund, and Operational Budget Account for Support Costs.

For the next three years, IFAD expects to receive about USD 490 million in reflows and an additional USD 420 million in investment income.

These levels take into account the objective of optimizing the use of resources within the bounds of income and sound liquidity management and are also subject to actual regular resources income in the plan period.

Miscellaneous income comprises all income of the fund other than

The Board recommends that the Administration monitor missions' compliance with leave policies and procedures and ensure that accurate leave records are maintained.

(26) As regards income from fund sales, it is required to list the amount of such income at current period and last period by category (fund sales commission income and fund sales service charges).

However, the distribution of private flows is far from even with many low income countries continuing to rely on official development finance.

The receipt of contributions at the end of 2004 also contributed to a slight improvement in the cash flow position of the tribunals.

Income, supplementary funds

Statement III. Cash flow

In the Board s view the depreciation element of 669,104 as well as other non cash transactions which may arise in the financial operations of the greeting card and related operations need to be disclosed in the consolidated cash flow statement as adjusting items to net income from operations in line with the indirect method of presenting cash flow statements.

However, in relative terms, flows to all income groups, including the low income countries, increased by a factor of about six between 1990 and 1996.

Interest income is from cash and term deposits is recorded on the an accrual basis during the financial period.

Stow the receipt. I'll take the cash.

Social income (pensions, benefits, scholarships)

(25) As regards income from management cost, it is required to make disclosure of the amount of such income at current period and last period according to such categories as income from securities investment fund management cost and income from social security fund management cost.

Most of that income was received in cash, although 26.8 million was received in kind, mainly as donations of food commodities.

Income from investments

As a consequence, the normal surge of cash inflows traditionally expected at the beginning of each year has not materialized for 1998.

Income derived from investments, other than trust fund investments, shall be credited to the general fund as miscellaneous income.